| 2014–15 | The financial year from 1 July 2014 to 30 June 2015. |
| ACCU | Australian carbon credit unit |
| benchmark price | the maximum amount Clean Energy Regulator would pay for emissions reductions at an auction |
| carbon dioxide equivalent CO2e | A 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 corporation | An entity that must register and report under the National Greenhouse and Energy Reporting Act 2007, as defined in section 7 of the Act. |
| crediting | participants receive one ACCU for each tonne of CO2-e stored or avoided through registered Emissions Reduction Fund projects |
| EAP | employee assistance programme |
| Energy Security Fund | Energy Security Fund Coal Fired Generators Assistance—Free Carbon Units scheme |
| Kyoto unit | Emissions trading units defined under the Kyoto Protocol of the United Nations Framework Convention on Climate Change. |
| petajoules | A petajoule is a standard unit of energy. For electricity, one petajoule equals 277.78 million kilowatt hours. |
| primary market | The issuance of units or certificates by the Clean Energy Regulator directly to participants. |
| purchasing | the Clean Energy Regulator purchasing ACCUs from participants who hold a contract, through an auction process |
| REC Registry | Renewable Energy Certificate Registry |
| safeguarding | a mechanism designed to ensure that emissions reductions are not overcome by significant emissions increases above business-as-usual levels elsewhere in the economy |
| scope 1 emissions | The 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 emissions | The 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 market | The 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) determination | A 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 House | Small-scale Technology Certificate Clearing House |