The Clean Energy Regulator this afternoon revealed it will enter into 129 contracts for the supply of a total of 45 million tonnes of abatement at an average price of $12.25, after last week's second ERF auction.
Major emitters have been cleared to earn valuable carbon credits at their facilities, and the nation's largest hotel operator will receive them for lighting upgrades at its pubs.
The Clean Energy Regulator has approved Adelaide Brighton to earn carbon credits by expanding its use of wood waste and Pacific National will receive them for a fuel efficiency project.
Companies newly-approved to earn carbon credits include Wesfarmers, several energy efficiency businesses and a company that the NSW EPA has censured for 'below par' environmental performance.
After gaining major environmental benefits and cost savings through a NSW sustainability program, Teys Australia will now earn valuable carbon credits from further site improvements.