The Clean Energy Regulator's latest ERF auction has resulted in the underwriting of 7.6 million tonnes of abatement through 25 contracts, but the successful bidders haven't been disclosed.
Lighting upgrade projects will no longer be allowed to register under the ERF to earn credits, following changes announced yesterday by Energy and Emissions Reduction Minister Angus Taylor.
Greens leader Adam Bandt today called for a $50 floor price for ACCUs, and said his party had far more ambitious plans for the carbon market than either Labor or the Coalition.
Carbon credits issued to vegetation regeneration projects are legitimate, and the real problem lies elsewhere, according to Ndevr founder and ERF project auditor Matt Drum.
The Victorian government will direct $30.9 million towards restoring biodiversity and boosting carbon sequestration on at least 20,000 hectares of private land.
A scientist and public policy specialist who co-authored a paper critical of the ERF, on Friday proposed three actions to resolve the dispute over an ERF vegetation method and improve scheme governance.