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Reporting approach

 

This annual report covers the Clean Energy Regulator's performance from its commencement, on 2 April 2012, to 30 June 2012.

Many responsibilities that the Clean Energy Regulator acquired in April 2012 were administered by other entities earlier in 2011–12. Performance in relation to those responsibilities in that earlier period is covered in the annual reports of the Department of Climate Change and Energy Efficiency and the Office of the Renewable Energy Regulator.

All Australian Government entities are required to report on their performance in accordance with the outcome and programs framework established in the relevant portfolio budget statements. Because the Clean Energy Regulator was established near the end of the 2011–12 budget cycle, its performance reporting framework was set out in the portfolio budget statements for 2012–13.

This annual report addresses the outcome and programs framework set out for the Clean Energy Regulator in the Department of Climate Change and Energy Efficiency 2012–13 Portfolio Budget Statements. The framework includes performance indicators and deliverables, which are addressed in the performance overview section.

Outcome 1

Contribute to a reduction in Australia's net greenhouse gas emissions, including through the administration of a carbon price on liable emissions intensive businesses and other entities; promoting additional renewable electricity generation; and land-based initiatives that support carbon abatement.

Program 1.1: Clean Energy Regulator

Objectives

  • Support Australia's obligations under the Climate Change Convention and Kyoto Protocol.
  • Send a price signal to the community and business to support Australia's transition to a low carbon economy through the application of a carbon pricing mechanism.
  • Provide industry assistance arrangements under the carbon pricing mechanism, including the Jobs and Competitiveness Program and the Energy Security Fund Coal Fired Generators Assistance—Free Carbon Units.
  • Maintain the Australian National Registry of Emissions Units.
  • Maintain a national reporting framework for the reporting and dissemination of information related to greenhouse gas emissions, greenhouse gas projects, energy consumption and energy production of liable entities and registered corporations (as applicable) to:
    • inform government policy formulation and the Australian public
    • meet Australia's international reporting obligations
    • assist Commonwealth, state and territory government programs and activities
    • avoid the duplication of similar reporting requirements in the states and territories.
  • Establish the Liable Entities Public Information Database.
  • Establish strong partnerships with other regulatory and law enforcement agencies.
  • Encourage increased investment in renewable electricity generation through administration of the Renewable Energy Target.
  • Provide a mechanism for crediting domestic land sector offsets through the Carbon Farming Initiative.

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