Grants for energy assessments and gas efficiency(new program – opening September 2017)
Surging prices have created huge increases in gas costs for Victorian businesses. Manufacturers and other energy intensive businesses are all feeling the pain and are looking for savings. Whilst the national policy debate continues some assistance to Victorian businesses is at hand. Sustainability Victoria has a suite of grants aimed at helping Victorian businesses (of any size) reduce their gas consumption and energy costs. The grants cover:
The Safeguard Mechanism requires large greenhouse gas emitting facilities to keep their emissions equal to, or below, historic levels (known as ‘the reported baseline’). Companies who have exceeded their reported baseline for 2016-2017 are now rushing to have their emissions limit increased via an alternative ‘calculated baseline’. Applications for a calculated baseline may have a 30 July 2017 deadline.
Directors of Australian companies who fail to consider, plan for and disclose foreseeable climate change risks on their organisation could be held personally liable for breaching their duty of due care and diligence under the Corporations Act 2001. This is according to a recent opinion provided by Barrister Noel Hutley SC to around 30 Australian business leaders. The legal opinion found many climate change risks “would be regarded by a court as being foreseeable at the present time” and Australian company directors “who fail to consider ‘climate change risks’ now could be found liable for breaching their duty of care and diligence in the future”.
The AIEA conference will be held in Fremantle WA on 28 and 29 of November 2013. The Conference is a great event for those involved ‘on the ground’ in the carbon, energy, pollution and water reporting and management fields.
In some circumstances emissions from petroleum based oils and greases (PBOGs) may be considered ‘covered emissions’ under the Carbon Pricing Mechanism (CPM) attracting the $23 per tonne of carbon dioxide equivalents (tCO2-e) liability.
On 1 July 2014 the Clean Energy Regulator will allow project proponents to register a ‘Notice of Intention’ to participate in the $2.55B ERF. Despite the lack of legislation at this stage, and the events of the past week, projects that will achieve carbon reductions and meet the eligibility criteria can initiate the process to achieve ERF funding.
The Emissions and Energy Reporting System (EERS) for the 2014 NGERs reporting season is now up and running after an extended upgrade period. Users are now able to enter data, generate drafts and submit reports as required under NGER Section 19 and Section 22 (liable entities) for the 2013/14 reporting period.
The Government's $2.5B Emissions Reduction Fund (ERF) is likely to pass the Upper House after Clive Palmer and his Senators agreed to support the ERF legislation. The ERF allows for the continuation of existing Carbon Farming Initiative (CFI) projects and will be expanded to cover activities such as Industrial Energy Efficiency, transport emissions reductions and more.