Emissions Reduction Fund Information Centre 

The centrepiece of the Government's Direct Action climate policy is the Emissions Reduction Fund (ERF).  Key features of the ERF include:

  • Incentives are payable for emissions reduction activities which come from the Government's consolidated revenues. 

  • The Fund uses the existing National Greenhouse and Energy Reporting (NGER) scheme to measure overall company carbon emissions.

  • Under the ERF, businesses that reduce their emissions below their baseline will be able to sell their CO2 emissions reduction to the Government.

  • A reverse auction operates to purchase abatement at the lowest cost per tonne.  The fifth reverse auction is scheduled to run over 5 and 6 April 2017.

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