Notes about this publication

Baseline number:

• A facility may have been issued multiple baselines under the safeguard mechanism, however only one baseline applies in relation to the 2016–17 reporting year.
• Baselines and other information that are withheld may be pending the submission of an application, or a decision under, section 25 of the National Greenhouse and Energy Reporting Act 2007 (NGER Act).

Multi-year monitoring period determinations:

• Under section 65 of the National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015 (Safeguard Rule), responsible emitters may apply to the Clean Energy Regulator for a multi-year monitoring period to be declared in relation to a facility.
• Where a multi-year monitoring period has been granted, the baseline emissions number for the facility is calculated as a single baseline number that applies across the entire multi-year monitoring period. At the end of the period, aggregate covered emissions for the two or three year period (plus or minus any Australian carbon credit units issued or surrendered) are compared against this baseline number to determine whether the facility is in an excess emissions situation.

Baseline variation for an improvement in emissions intensity:

• Under section 46 of the Safeguard Rule, responsible emitters may apply to the Clean Energy Regulator for a facility’s baseline to be varied, where they can demonstrate that the emissions intensity at a facility has improved.
• Provided the relevant tests are met, the facility’s baseline is varied to the level of covered emissions from the facility, for a particular financial year.

Australian carbon credit units (ACCUs) issued at a safeguard facility:

• To avoid counting offsets twice, a facility that is covered by the safeguard mechanism and also generates ACCUs under the Emissions Reduction Fund will have any ACCUs that are issued during a financial year, added to its net emissions number.
• This means that an affected safeguard facility’s net emissions number will be the total amount of covered emissions for the year, plus the total amount of ACCUs issued, minus any ACCUs surrendered. A new ‘Australian carbon credit units issued’ column has been added to the 2016–17 safeguard facility data table to flag those facilities where ACCUs have been added to a net emissions number.

The Clean Energy Regulator takes all reasonable efforts to ensure the information published on its website is accurate at the time of publication.