The Australian Carbon Credit Unit (ACCU) Scheme supports projects that avoid the release of greenhouse gas emissions or remove and sequester carbon from the atmosphere. This can be through projects involving:
- new technology
- upgrading equipment
- changing land or business practices to improve productivity or energy use
- changing the way vegetation is managed to store more carbon
Eligible projects include those associated with:
- vegetation management
- energy consumption
- industrial processes
Participants can earn an ACCU for every tonne of carbon dioxide equivalent (tCO2-e) emissions stored or avoided by a project.
ACCUs can be sold to private sector buyers and governments to generate income. The Australian Government purchases ACCUs through carbon abatement contracts and will continue to through the Powering the Regions Fund.
The Carbon Credits (Carbon Farming Initiative) Act 2011 established the ACCU in 2015.
Our department is responsible for:
- policy development for the ACCU scheme
- the legislation, primarily the Carbon Credits (Carbon Farming Initiative) Act 2011
- oversight of the ACCU Scheme, including advising the Minister on making methods (the technical rules) for creating ACCUs
The Clean Energy Regulator is the Australian independent statutory authority responsible for:
- administering the ACCU Scheme, and the projects that operate under it
- ACCU project compliance and oversight
- managing government carbon abatement contracts
Process for participating in the Australian Carbon Credit Unit (ACCU) Scheme
To participate in the ACCU Scheme you need to register your project via the Clean Energy Regulator Client Portal.
Read more about eligibility requirements on the Clean Energy Regulator’s website.
Methodology determinations or 'methods' are the rules for undertaking projects and calculating the emissions reductions that create ACCUs. A number of activities are eligible under the ACCU Scheme. View all current methods.
The carbon crediting methods ensure the emission reductions are real and in addition to business as usual operations.
- The ACCU Scheme is enabled by the Carbon Credits (Carbon Farming Initiative) Act 2011 which also enables the 2015 Rule.
- View all current methods
- 2014 Emissions Reduction Fund White paper
- Australia’s domestic actions for climate change
- The Climate Change Authority’s 2023 Review of the Carbon Credits (Carbon Farming Initiative) Act 2011: background
- The Safeguard Mechanism provides a framework to limit emissions from Australia’s largest emitters
- The Renewable Energy Target scheme encourages the additional generation of electricity from renewable sources
- The National Greenhouse and Energy Reporting scheme is the single national framework for Australia’s energy and emissions reporting