Now the Clean Energy Regulator has confirmed the fifth Emissions Reduction Fund (ERF) auction will be held on 5 – 6 April this year, councils, universities, water corporations and landholders have an opportunity to diversify income and make financial gains.
But they will have to act quickly. While there’s still more than $440 million available in for the future purchase of carbon credits, there’s no guarantee how many more auctions there’ll be after bidding closes at the April auction.
In the previous four ERF auctions, individuals, companies and public organisations have taken advantage of the chance to monetise their ERF project by pitching their auction price perfectly, thereby making it possible to take a slice of available funds.
Why participate in the fifth ERF auction?
Participation in the auction, while carrying with it a certain financial appeal, comes with a fair amount of work. As we face down the end of January already, the lead up to the auction starts to look very tight. What does that mean if you want to participate? If you leave it too late, you’ll miss out.
It’s not all bad news though.
Thankfully, the ERF auction process is clear and linear, which means if you want to head down the auction road, it’s still possible to be ready on 5 April. Having worked with clients to prepare for previous auctions, we’ve come up with a schedule that will ensure you’re ready for bidding. Key dates for April’s auction are the project registration application on 21 February and the auction’s deadline for registration application on 29 March.
Want to participate but don’t know where to start?
Contact CO2 Australia. Helping organisations like yours, we’ve come to understand the auction process and we know the steps required to secure a contract successfully. Get in touch with the team now.
T: 3248 0200
About CO2 Australia
CO2 Australia is an environmental services company.
Our roots are firmly planted in development and delivery of carbon projects and helping clients participate in, and benefit from, the ever-changing carbon market. We’ve led the market in carbon projects involving native regrowth and large scale reforestation. From planting trees to purchasing carbon credits, carbon is our pedigree.