The Department of Climate Change, Energy, Environment and Water (DCCEEW) is consulting on options to reform the Safeguard Mechanism to help industry reduce emissions in line with Australia's climate targets.
The Safeguard Mechanism requires Australia's largest greenhouse gas emitters to keep their net emissions below an emissions limit (a baseline). The Australian Government proposes:
Visit DCCEEW’s consultation hub for more information on these reforms and the consultation activities.
Under the National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015, the Clean Energy Regulator (the agency) is required to publish the following:
Information about new emissions baseline determinations is published several times a year. Reporting year information and multi-year monitoring period ACCU estimates is published each year, after the 1 March compliance deadline.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.