The Safeguard Mechanism has been reformed following a
consultation process undertaken by the Department of Climate Change, Energy, the Environment and Water.
New obligations and reporting requirements apply to Safeguard facility financial years commencing on or after 1 July 2023:
In relation to each financial year from
1 July 2016 – 30 June 2023, the Clean Energy Regulator (CER) has been required to publish the following information for each facility covered by the Safeguard Mechanism in a given year:
Information about baseline determinations is published iteratively, as determinations are made. Information about compliance outcomes for a financial year have been published as soon as practicable after the 1 March compliance deadline.
In relation to each financial year from 1 July 2023 onwards, the CER is required to publish the above information (excluding the estimate of the ACCUs likely to be surrendered for ongoing MYMPs) and the following information:
Information about baseline determinations will continue to be published iteratively, as determinations are made. Information about compliance outcomes for a financial year will be published by 15 April following the compliance period that the publication relates to.
For each financial year between 1 July 2023 and 30 June 2030, the CER must also publish on its website, by 15 April:
Key dates for more information.
To receive updates on publication you can
subscribe to Safeguard Mechanism email updates.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.