The reformed Safeguard Mechanism commenced on 1 July 2023. It applies to Safeguard facilities reporting for financial years on or after 1 July 2023. Under the reforms, existing facilities may apply for an emissions-intensity determination (EID).
Australians are taking control of their energy bills and increasingly electrifying through rooftop solar and energy efficient technology according to the latest Quarterly Carbon Market Report (QCMR) for Q3 2023.
Many facilities are likely to face material financial implications if they don't apply for an emissions intensity determination (EID) for the 2023-24 financial year. Applications must be submitted by 30 April 2024.
Find out how safeguard facilities can manage emissions above their baselines.
Learn about the different types of baselines under the Safeguard Mechanism and how they are calculated.
Safeguard Mechanism credit units (SMCs) incentivise safeguard facilities to reduce their emissions beyond their baselines. Learn about SMCs and how to trade them.
The Safeguard Mechanism commenced in 2016. Learn about how it worked before it was reformed in 2023.
Our guidance and scenarios help define small-scale and large-scale solar systems.
Learn about what we're required to publish about safeguard facilities' reported emissions each year.
Learn about what we're required to publish about safeguard multi-year monitoring periods.