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Glossary and abbreviations list

 
TermDescription
2013–14The financial year from 1 July 2013 to 30 June 2014.
ACCUAustralian carbon credit unit
carbon dioxide equivalentA measure of greenhouse gas emissions. Carbon dioxide equivalence is estimated by multiplying the amount of gas by the global warming potential of the gas.
controlling corporationAn entity that must register and report under the National Greenhouse and Energy Reporting Act 2007, as defined in section 7 of the Act.
EAPemployee assistance programme
Energy Security FundEnergy Security Fund Coal Fired Generators Assistance—Free Carbon Units scheme
GSTgoods and services tax
ICTinformation and communications technology
Kyoto unitEmissions trading units defined under the Kyoto Protocol of the United Nations Framework Convention on Climate Change.
NGERNational Greenhouse and Energy Reporting
primary marketThe issuance of units or certificates by the
Clean Energy Regulator directly to participants.
REC RegistryRenewable Energy Certificate Registry
scope 1 emissionsThe release of greenhouse gas into the atmosphere as a direct result of an activity or series of activities (including ancillary activities) that constitute the facility. For example, the emissions produced when coal is burned at a power station are scope 1 emissions.
scope 2 emissionsThe release of greenhouse gas into the atmosphere as a direct result of one or more activities that generate electricity, heating cooling or steam that is consumed by the facility but that do not form part of the facility.
secondary marketThe market for units or certificates issued by the Clean Energy Regulator that occurs between two entities not including the Clean Energy Regulator.
section 24(1) determinationA legislative instrument made by an authorised person, under section 24(1) of the Public Service Act 1999, which sets out terms and conditions of employment. A determination may apply to an individual employee or a group of employees.
STC Clearing HouseSmall-scale Technology Certificate Clearing House

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