Contact the Tasmanian Climate Change Office on 03 6232 7173 | firstname.lastname@example.org or Service Tasmania on 1300 135 513.
Use the Tasmanian Government Directory to find staff contact details
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The Emissions Reduction Fund (ERF) is a key part of the Australian Government’s Direct Action Plan (the Plan) which outlines how Australia will meet its Kyoto Protocol commitment of reducing carbon emissions to 5 per cent below 2000 levels by 2020.
The ERF will provide incentives to businesses to reduce their emissions via a ‘reverse auction’ approach. Businesses will submit project bids to reduce emissions at a specific facility, or for a specific type of activity like energy efficiency in commercial buildings. In each auction round, the projects with the lowest cost per tonne of carbon emission reductions will receive funds.
Businesses will be allowed to add together emissions reductions from multiple locations, as well as multiple types of emission reduction activities, into a single project bid. For example, a dairy farm could propose a project where methane from dairy manure is captured (reducing emissions) and energy is generated from it (energy efficiency).
The Clean Energy Regulator will manage the crediting and purchasing of emissions reductions. From 2015, the Regulator is able to contract up to $2.55 billion over four years. The first auction was held in April 2015 with the six auction being held in December 2017.