The Clean Energy Regulator has dropped its usual practice of holding two ERF auctions each year, and will instead hold the next auction in March 2023, after the completion of the Chubb review.
Up to 3.2 million more carbon credits could flow into the market following an extension of arrangements that allow ERF contract holders to exit their delivery obligations.
GreenCollar, the nation's largest environmental markets investor, and university researchers including Professor Andrew Macintosh, have jointly told the Chubb review they have shared concerns about Australia's carbon credits regime.
Just eight facilities account for half the emissions headroom that currently exists under the Safeguard Mechanism, according to a new analysis by Market Advisory Group.
There is a risk that ERF vegetation regeneration projects have been allocated too many carbon credits, the Wentworth Group of Concerned Scientists has told the Chubb review.
Four landfill gas generation companies have told independent Senator David Pocock that they are open to tighter restrictions on the volume of credits that their projects earn.