The Clean Energy Regulator is an independent statutory authority responsible for administering legislation that will reduce greenhouse gas emissions and increase the use of renewable energy. It was established on 2 April 2012 by the
Clean Energy Regulator Act 2011.
The term ‘Clean Energy Regulator' refers to:
- the independent statutory authority, comprising the Chair and Members, which sets the strategic direction for the agency's administration of its regulatory schemes, and
- the agency which supports the Regulator, led by the Chair in her capacity as Chief Executive Officer (‘agency head' as defined by the
Public Service Act 1999).
The abbreviation ‘the Regulator' is used when referring to the decision-maker (Chair and Members) and the term ‘the agency' is used when referring to the organisation as a whole.
The operations of the Regulator are carried out under delegation by staff of the agency, led by a small executive team. In addition to her regulatory accountabilities, the Chair of the Clean Energy Regulator serves as the agency head (Chief Executive Officer) under the
Public Service Act 1999 and is the accountable authority under the
Public Governance, Performance and Accountability Act 2013. The agency is classed as a non-corporate Commonwealth entity for the purposes of the
Public Governance, Performance and Accountability Act 2013.
The Clean Energy Regulator's outcome to Government is to:
Contribute to a reduction in Australia's net greenhouse gas emissions, including through the administration of market-based mechanisms that incentivise reduction in emissions and the promotion of additional renewable electricity generation.
Legislative responsibilities
The Clean Energy Regulator administers the Emissions Reduction Fund, the National Greenhouse and Energy Reporting Scheme and the Renewable Energy Target according to the following legislation:
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Carbon Credits (Carbon Farming Initiative) Act 2011
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Australian National Registry of Emissions Units Act 2011
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National Greenhouse and Energy Reporting Act 2007, and
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Renewable Energy (Electricity) Act 2000.
As the agency matures over the life of this Corporate Plan, our strategic approach will focus on:
- taking a more informed, risk-based approach to administration of our schemes to maximise their efficiency, reduce client burden and increase compliance
- improving understanding of opportunities to increase carbon abatement or renewable energy under our schemes, and
- ensuring we are ready to deliver any changes to our schemes to support Australia's international commitments.
Purpose
Our purpose is:
Accelerating carbon abatement for Australia.
Objectives
We have established four objectives that describe the type of regulator we aspire to be and outline the relationships we need to build.
- Engaged, active and compliant clients.
- Efficient and effective administration.
- A trusted, relevant and expert institution.
- Secure and enduring infrastructure.
Our objectives inform the direction we take in determining our regulatory posture, investment, operations and resource allocation.