Credit auctions: Hunter River Salinity Trading Scheme

Salt credit auctions are conducted every 2 years.

The scheme uses an economic framework to protect and manage saline discharges into the Hunter River. Credit auctions are held every two years to ensure the value of the credits reflect current environmental and economic priorities.

Credit auction objectives

The credit auction:

• distributes credits to those who value them most
• provides equal access for all bidders, including new entrants to the scheme
• aims to sell all 200 credits.

Why credit auctions are held every 2 years

Credits have a lifespan of 10 years. The credit auction held on 24 April 2024 auctioned 200 credits to replace those that expired on 30 June 2024.