The Emissions Reduction Assurance Committee (ERAC) is an independent statutory committee established under the Carbon Credits (Carbon Farming Initiative) Act 2011 (the Act).
The ERAC assess the compliance of methodology determinations (methods) against the Offsets Integrity Standards to ensure the continued integrity of the Emissions Reduction Fund (ERF).
- assesses method determinations to ensure they comply with the Offsets Integrity Standards set out in the Act
- advises the Minister on whether to make, vary or revoke method determinations based on their assessment of their compliance with the Offsets Integrity Standards
- undertake periodic reviews and crediting period extension reviews of methods
- considers feedback from public consultation on method determinations
- undertakes public consultation on periodic and crediting period extension reviews
- advises the Minister and the department Secretary on the outcomes of reviews and method determination assessments
Advice provided to the Minister by the ERAC is published with consultation information for each method.
View all finalised methods.
Reviews of methods
Two types of method reviews are conducted by the ERAC.
- Periodic method reviews: finalised methods are reviewed by the ERAC at least every four years. The ERAC examines whether the method is still compliant with the Offsets Integrity Standards.
- Crediting period extension reviews: projects have crediting periods set out in their respective method. The ERAC considers whether a method should have its reporting period extended. The committee’s decision is based on whether the projects registered under the method are still achieving a carbon abatement that is unlikely to happen in the ordinary course of events. Crediting periods can only be extended once.
All reviews have a period of public consultation. ERAC considers submissions and advises the Minister on the outcome of their reviews. If the review recommends changes to a method—a variation—these changes will be drafted, assessed by the ERAC and subject to further public consultation.
Reviews and variations to methods open for consultation are on the department’s Consultation Hub.
Projects can still be registered with the Clean Energy Regulator while a method is under review unless the ERAC has issued a legislative instrument under section 27A of the Act suspending applications under the method.
- Dr Beverley Henry (Interim Chair)
- Chris Johnston (Departmental representative)
- Paul Graham (CSIRO representative)
- David Byers
- Margie Thomson
- Mick Keogh
Emissions Reduction Assurance Committee Secretariat
The ERAC Secretariat provides support to the ERAC for the ongoing performance of its functions and is the point of contact for the ERAC.
The Offset Integrity Standards and more detail on the Committee’s functions are described in the Act.
See Australia’s climate change strategies