Have your say on the future of Australian carbon credit units
The Emissions Reduction Assurance Committee (ERAC) is seeking feedback on proposed changes to methods to generate Australian carbon credit units (ACCUs)
The Emissions Reduction Assurance 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.
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.
Submissions are welcome until 16 December 2022. The Committee will then prepare its advice to the Minister for Climate Change and Energy.