The Government's Emissions Reduction Fund provides a revenue stream to successful projects after emissions reductions have been verified. However, many projects will require significant upfront capital to get started. In light of this the NAB, with support from the Clean Energy Finance Corporation, are offering an Energy Efficient Bonus to Equipment Finance Loans.
Reporting fuel combustion and the associated energy consumption for certain fuel types is optional if the amount consumed is less than the reporting thresholds (See Table 1).
Ndevr Environmental is proud to announce that we are Silver Sponsors of the Second Australian Emission Reduction Summit.
Political Editor of The Guardian Australia, Lenore Taylor, reported on Friday 1 May that the Minister for the Environment, the Hon Greg Hunt MP, is on record stating that Direct Action will require electricity generators and heavy industry to gradually reduce greenhouse gas emissions after 2020.
Amendments to two key pieces of National Greenhouse and Energy Reporting (NGER) legislation have been made that will affect reporting procedures for the FY15/16 reporting year.
The Clean Energy Regulator has just released the results of the first Emission Reduction Fund (ERF) Auction held last week (15-16 April).
Following the Victorian government commitment to strengthen the Victorian Energy Efficiency Target (VEET), the Department of Economic Development, Jobs, Training and Resources has undertaken external economic modelling on four different target options, these being: 5.4, 5.6, 5.8. and 6.2 million Victorian Energy Efficiency Certificates (VEECs) per year. In a briefing given yesterday, the department presented the results that a target of 5.6 million VEECs a year between 2016 and 2020 was predicted to deliver the largest net benefit.
The Department of Environment (DoE) has released the consultation paper outlining approaches for the details of the Safeguard Mechanism implementation. The broad aim of the Mechanism is to try and reduce emissions growth that has already been purchased by the tax payer via the Emissions Reduction Fund (ERF).