ASBEC believes that an effective climate change policy must overcome structural and financial barriers to cost-effective greenhouse gas (GHG) abatement. Our report ‘Delivering abatement through direct action’, which we submitted during the government’s ERF consultation period, demonstrates that if designed properly, the proposed Emissions Reduction Fund (ERF) could help to deliver such potential within Australia’s building sector.

However, we are concerned that the current design of the scheme makes it difficult for our sector to access the ERF and is not conducive to unlocking the up to 30 million tonnes of potential carbon abatement per year available within our sector.
If designed properly, the ERF could generate significant incentives for energy efficiency upgrades and other abatement projects across the built environment, overcoming existing market barriers that often make action in this sector commercially unviable.

Read the submission.