Today we have released for public consultation an exposure draft of the Carbon Abatement Contract to be used for the Emissions Reduction Fund and an accompanying discussion paper. The discussion paper explores key aspects of the contract and seeks comments generally and on specific issues.
We will use the contract to purchase Kyoto Australian carbon credit units from successful bidders in Emissions Reduction Fund auctions.
We are committed to consulting widely with our clients and stakeholders on the contract to ensure its effectiveness and commercial attractiveness. We have previously consulted with and received feedback from select legal stakeholders and have taken into account feedback received from the exposure draft legislation.
We invite written submissions on the contract from all interested businesses and members of the community. Submissions received will be considered in finalising the standardised contract prior to the first auction.
Submissions are due by close of business on 18 July 2014. Any submissions received after this date will be considered at our discretion.
Each submission, unless it is explicitly provided in confidence, may be published on the Clean Energy Regulator website. Submissions will remain on the website. Copyright will reside with the author(s) and not with the Clean Energy Regulator.
We apologise if you tried to submit a response to the Carbon Abatement Contract and discussion paper and received a bounceback email. The problem has been resolved. Please resubmit any responses that were unable to be delivered.
Where possible submissions should be sent electronically, preferably in Microsoft Word or other text-based formats, to the email address listed below. Alternatively, submissions may be sent to the postal address below but must arrive by close of business on 18 July 2014.
Submissions can be forwarded to:
Postal: Legal Services
Clean Energy Regulator
5 Farrell Place
For further information, or to request a hard copy of this discussion paper, please call 02 6159 3528.
All submissions will be treated as public documents, unless the author of the submission clearly indicates the contrary by marking all or part of the submission as ‘confidential.’
Public submissions, including any personal information of the author(s) and/or other third parties contained in the submission, may be published in full on the Regulator’s website.
If a submission contains the personal information of any third party individuals, please indicate on the cover sheet of the submission whether they have provided consent to the publication of their information.
Any request made under the Freedom of Information Act 1982 for access to a submission marked confidential will be determined in accordance with that Act.