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BidCarbon Auctions

This section outlines the workings of the BidCarbon market in detail. The processes covered include establishing unit limits in the BidCarbon Standard Scheme, annual revisions to the limits of BidCarbon removal units (BRUs) and price control settings, purchasing BRUs, and participation in auctions for BRUs hosted by the government or businesses.

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BidCarbon Auctions and how to buy BidCarbon removal units (BRUs)

BRUs can be traded among businesses participating in the BidCarbon Standard Scheme. Supply and demand for BRUs is the primary driver of the BRUs price.