The Clean Energy Regulator provides assistance in the form of free carbon units to eligible coal-fired electricity generators through the Energy Security Fund.
This assistance aims to help affected coal-fired electricity generators adjust to the carbon price and move to cleaner technologies, while maintaining energy security in Australia.
The free carbon units are issued to eligible generators who:
The recipient of the free carbon units can then determine how they use those carbon units.
The Clean Energy Regulator must publish information about the issue of free carbon units. The name of the person receiving the units, the total number of carbon units issued to them and the vintage year of the carbon units will be published.
A quarterly report of the total number of carbon units issued for eligible coal-fired generation complexes will also be published.
documentasset:Issue of free carbon units
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.