A land and sea transport project involves activities such as replacing or modifying existing vehicles, changing or modifying fuel sources or improving operational practices.
In doing so, the project helps to reduce the amount of greenhouse gases entering the atmosphere resulting from the operation of land vehicles and sea vessels. The net reduction in greenhouse gas emissions as a result of a project is termed ‘abatement’.
The emissions avoided by a land and sea transport project are calculated by using the total ‘emissions intensity’ of vehicles before the project and the actual emissions after the project, to determine the decrease in emissions from the project for a reporting period. Emissions intensity means the emissions that are produced compared with the service output; for example, the emissions per vehicle kilometres travelled (vkt). Using emissions intensity to calculate abatement allows emissions reductions to be credited independent of the level of service provided by an organisation. This means emissions after the project implementation may increase, but abatement is still created as abatement is determined on the basis of service output (e.g. vkt) for the reporting period.
To conduct a land and sea transport project and earn ACCUs, make sure you read and understand the method and other legislative requirements. You will need to:
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.