Results updated 29 September 2021
The Carbon Credits (Carbon Farming Initiative-Coal Mine Waste Gas) Methodology Determination Variation 2021 came into effect on 29 September 2021.
This variation implements the findings of the crediting period extension review completed by the Emissions Reduction Assurance Committee in May 2021. The variation will extend the crediting period by 5 years and introduces changes to increase abatement. This includes enabling waste coal mine gas projects to transition from the Renewable Energy Target scheme to the Emissions Reduction Fund. The variation ensures the method credits genuine emissions reductions.
Read the Coal mine waste gas variation and explanatory statement.
Emissions Reduction Assurance Committee (ERAC) advice
See the ERAC's advice to the Minister on our department's website.
Read a summary of the submissions [152KB PDF] [1MB DOCX]
Published responses
View submitted responses where consent has been given to publish the response.
Overview
The Emissions Reduction Assurance Committee is seeking feedback on a proposed variation to the Carbon Credits (Carbon Farming Initiative–Coal Mine Waste Gas) Methodology Determination 2015.
The proposed variation will:
implement the crediting period extension of 5 years recommended by the Committee
allow electricity generation projects previously eligible to earn large-scale generation certificates under the Renewable Energy (Electricity) Act 2000 to transition to the ERF for a 5-year crediting period
amend the emissions intensity factor used in the abatement calculations to the value that is current at the time of reporting
clarify the length of time a parameter can be estimated during a non-reporting period.
These changes are intended to encourage additional abatement while ensuring the method credits genuine emissions reductions.
Background
Draft method determination
Draft coal mine waste gas method variation [311KB PDF] [336KB DOCX]
Draft coal mine waste gas method compilation [661KB PDF] [3.5MB DOCX]
Next steps
The Clean Energy Regulator is responsible for Emissions Reduction Fund method development and will review feedback you provide on the proposed method variation.
What happens next
This consultation has now closed.
The Clean Energy Regulator is considering any submissions provided by the due date.
