The Emissions Reduction Assurance Committee (ERAC) is an independent statutory committee established under the
Carbon Credits (Carbon Farming Initiative) Act 2011 (the Act).
ERAC assess the compliance of methodology determinations (methods) against the Offsets Integrity Standards set out in the Act to ensure the continued integrity of the Emissions Reduction Fund.
Advice provided to the Minister by the ERAC is published on the
Department of Climate Change, Energy, the Environment and Water website and the Clean Energy Regulator’s
method consultation page.
The ERAC conducts 2 types of method reviews.
All reviews have a period of public consultation. ERAC considers submissions and advises the Minister on the outcome of their reviews. If the review recommends changes to a method, a method variation may be undertaken, and the changes will be:
The Clean Energy Regulator supports the ERAC to undertake public consultation. See previous consultations and reviews on the Department’s
Projects can still be registered with the Clean Energy Regulator while a method is under review unless the ERAC has issued a legislative instrument under section 27A of the Act suspending applications under the method.
method reviews for information on recent reviews.
Emissions Reduction Assurance Committee statements for all ERAC issued statements, media releases and responses.
The ERAC Secretariat provides support to the ERAC to perform its functions and is the primary point of contact for the ERAC.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.