The fourth Emissions Reduction Fund auction is coming

By Mike Ritchie – Managing Director, MRA Consulting Group The fourth Emissions Reduction Fund (ERF) auction has recently been announced. This matters immensely for the waste and local government sectors. So many quality projects are working hard behind the scenes to reduce Australia’s greenhouse gas emissions. Whether that’s a third bin diverting organics out of…

Councils and organics operators make 11th hour funding grab

The new Source Separated Organics (SSO) methodology has seen tremendous uptake in the countdown to the next Emissions Reduction Fund (ERF) auction. The SSO methodology provides funding to projects that divert organic waste from landfill. Twenty-seven new, expanded and/or aggregated projects under the methodology diverting source separated organics were registered by MRA Consulting Group (MRA),…

MRA clients successful at second ERF auction

The Clean Energy Regulator has today announced the results of the second Emissions Reduction Fund auction held on 4 and 5 November 2015. These contracts secure the delivery of 45.5 million tonnes of abatement at an average price per tonne of abatement of $12.25. The second Emissions Reduction Fund auction saw 129 carbon abatement contracts…

ERF auction round 2 – who will win?

The second Emissions Reduction Fund auction is just around the corner. Who will be the big winners this time around? A total of $1.89 billion in funds remains in the ERF to be spent over the crediting period to 2020. Competition in the second ERF auction is potentially greater with 330 projects registered under the…

ERF: 8 week registration deadline for existing abatement projects

One of the key features of the Emissions Reduction Fund is that projects need to be “new” at the time of registration. From July 1st, only “paper projects” (projects in concept phase up to and including a completed design but without a formal decision to go ahead) will be allowed to participate. That is, if…