What will carbon sell for next time?

It is impossible to predict accurately the average price or range of prices that the Clean Energy Regulator will pay at the next auction.

The average price in the first reverse auction was $13.95 per tonne. Analysts are unlikely to predict prices in publicly accessible forums and commentators are often discussing the prices in the context of a political critique of Direct Action, which is not helpful in understanding future prices.

This table outlines a range of factors that may influence the prices at which the Clean Energy Regulator will buy carbon at the next auction, and at future auctions.

auctionprices

References:

S. Locke, “Farms could be shut out of next Emission Reduction Fund auction given big corporates will be competing

G. Parkinson, “Abbott blows his carbon budget in first Direct Action auction

Reputex, “Rising abatement price? Companies probably sold themselves short in the first ERF auction

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