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No carbon auction until next year
The Clean Energy Regulator won't hold a second carbon abatement auction in 2019, marking the first time it has only held one in a calendar year.
On the upside, it gives the Regulator more time to lock in the Climate Solutions Fund (the ERF's successor) and encourage new abatement projects to register. On the downside, it means the agency in 2019 will only have contracted to buy 59,000 tonnes of abatement.
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