Australian Government Announces New Exchange Platform for Emissions Reduction Units
In the 2020-21 federal budget, $40.04 million was allocated over the next 10 years for the Clean Energy Regulator (CER) to reduce regulatory burden. The additional resources will be used to: Establish a new exchange platform for emissions reduction uni…
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A Deep Dive on ACCU Market Trends
After an initial period of volatility, the contracted ACCU price at Emissions Reduction Fund (ERF) auctions has steadily increased since 2016. This upwards trend has recently been supported by the 2020/2021 federal budget which has allocated a further…
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Introduction to Safeguard
Safeguard is transitioning! Don’t keep your head in the sand… Safeguard. What is it and why is it important? The Safeguard Mechanism was introduced under section 22XS of the National Greenhouse and Energy Reporting (NGER) Act and aims to provide…
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What you need to know about ERF Auctions
Organisations that have exceeded their safeguard limits have until the 28th of February to obtain, and then surrender, enough Australian Carbon Credit Units (ACCUs) to meet their obligations. In addition to this, the next Emissions Reduction Fund (ERF)…
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Legislation landscape: What changes are in the pipeline for 2018?
NGER, Safeguard, GHG, Carbon Reporting, Energy Accounting, Climate Change… or whatever you would like to call it continues to be a political football. This year we anticipate a consultation to address concerns from business on the NGER Safeguard Mech…
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What you thought of our environmental accounting service in 2017
In 2017, our team produced 321 reports and statutory submissions for 122 client accounts across mining, oil and gas, manufacturing, chemical, ports and shipping, power generation, higher education and landfill. 15 resubmissions were made under our Cont…
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