Three companies have secured 15 of the 47 contracts awarded in the latest ERF auction, with one contracting to supply more than 40% of the total amount purchased.
Australia is well-positioned to link to other carbon markets and global climate action won't be stalled by US President-elect Donald Trump, says Peter Castellas of the Carbon Market Institute.
The Clean Energy Regulator has approved two projects that will aggregate carbon credits from small-scale activities and another by Woolworths involving upgrades at various stores.
The Carbon Market Institute says it is ready and willing to take on management of the federal scheme that certifies businesses and products as carbon neutral.
Ahead of today's inaugural Emissions Reduction Fund auction, the Clean Energy Regulator has for the first time authorised projects to earn carbon credits by reducing transport emissions.