Safeguard facility reported emissions data

Under the reformed scheme, there are additional publication requirements.

Additional requirements for the 2022–23 financial year:

• For safeguard facilities that surrender ACCUs equivalent to 30% or more of their baselines, we must publish the facility’s statement explaining why they haven’t undertaken more on-site abatement activities.

Additional requirements that will be published from the 2023–24 financial year onwards include:

• the amount of Safeguard Mechanism credit units (SMCs) issued to a facility
• the amount of a facility’s emissions broken down by carbon dioxide, methane and nitrous oxide
• the amount of Australian carbon credit units (ACCUs) surrendered (if any) for compliance, broken down by the method under which the ACCUs were created.

No longer required:

An estimate of the total number of ACCUs likely to be surrendered by facilities with ongoing MYMPs.

For each financial year between 1 July 2023 and 30 June 2030, we must also publish, by 15 April:

• the safeguard emissions for the previous financial year
• the net safeguard emissions for the previous financial year
• the 5‑year rolling average safeguard emissions for the previous financial year
• the total safeguard emissions for all financial years between 1 July 2020 and the end of the previous financial year.

• If a facility has had more than one baseline determination made, the most recently made one will be the baseline that is ‘current’.
• Baselines that are withheld may be pending the submission of an application, or a decision under, section 25 of the NGER Act.

• Under section 65 of the Rule, responsible emitters may apply for a multi-year monitoring period (MYMP) to be declared in relation to a facility.
• For more information about the data around MYMP, refer to our multi-year monitoring period table.

• Under section 56 of the Rule, we must vary any type of baseline to account for updates in relation to global warming potentials, with effect from the start of the relevant financial year.

• To avoid counting offsets twice, a facility that is covered by the Safeguard Mechanism and generates ACCUs under the ACCU Scheme will have any ACCUs that are issued during a financial year added to its net emissions number.
• This means that an affected safeguard facility’s net emissions number will be the total amount of covered emissions for the year, plus the total amount of ACCUs issued, minus any ACCUs surrendered.
• If ACCUs are then delivered under an ACCU Scheme contract that were generated at a safeguard facility during the same financial year, that facility’s net emissions number is reduced by the number of ACCUs delivered under the contract.