The Emissions Reduction Assurance Committee (the Committee) is consulting on proposed changes to the Carbon Credits (Carbon Farming Initiative– Industrial and Commercial Emissions Reduction) Methodology Determination 2015 (ICER method) and Carbon Credits (Carbon Farming Initiative– Facilities) Methodology Determination 2015 (Facilities method) methods to generate Australian carbon credit units (ACCUs).
The Committee is also consulting on the proposed revocation of five energy efficiency carbon crediting methods ¬that have seen little or no uptake. These include:
- Carbon Credits (Aggregated Small Energy Users) Methodology Determination 2015
- Carbon Credits (Commercial Buildings) Methodology Determination 2015 (the Commercial buildings method)
- Carbon Credits (High Efficiency Commercial Appliances) Methodology Determination 2015 (the HECA method)
- Carbon Credits (Industrial Equipment Upgrades) Methodology Determination 2018 (the IEU method)
- Carbon Credits (Refrigeration and Ventilation Fans) Methodology Determination 2015 (the Fans method)
The Committee is seeking feedback on market conditions or other changes that may increase the potential uptake of the five energy efficiency methods, and the usability of the ICER method for energy efficiency projects.
This will inform the Committee’s advice on the variations and whether to recommend to the Minister that the five energy efficiency methods be revoked.
Read the discussion papers for an overview of the proposed changes and submit your feedback on our Consultation hub.
Submissions are welcome until 16 December 2022. The Committee will then prepare its advice to the Minister for Climate Change and Energy.
Find out more about Australia’s carbon crediting scheme (the Emissions Reduction Fund)
For more information on this consultation, contact the Clean Energy Regulator at email@example.com