Eighth ERF auction announced for December
Friday 12 Oct 2018Since August 2017, Australian plantation growers have been able to earn carbon revenue from eligible plantations. There are now ten plantation forestry projects registered under the Emissions Reduction Fund (ERF), and with more projects being registered every few months. Sale of carbon enables plantation growers to start earning revenue shortly after the plantation is established, making a big difference to cashflow prior to harvest.
The Clean Energy Regulator has recently announced it will hold the eighth ERF auction on 10–11 December 2018, providing an opportunity for forest growers to sell carbon to a Government buyer. Projects participating in this auction need though to be registered by 28 October 2018.
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