The Australian Government is calling for public submissions to help shape new methods for the Emissions Reduction Fund (ERF). These aim to reduce emissions and create new economic opportunities and jobs in regional Australia.
The ERF incentivises Australian businesses to cut the amount of greenhouse gases they create and to undertake activities that store carbon. ERF methods set out the rules that projects must follow to estimate emissions reductions and ensure genuine carbon abatement.
We are seeking ideas for emission reduction activities that could be developed into an ERF method or incorporated into an existing method. We also welcome ideas you think could be better trialled as a pilot.
These ideas will inform the Minister for Energy and Emissions Reduction’s decision on the priority methods that the Clean Energy Regulator will develop in 2022.
New methods will be closely aligned with the goals of the government’s Technology Investment Roadmap. The government is particularly interested in method proposals that would support:
Current ERF methods cover a range of activities across agriculture, energy efficiency, facilities, mining, transport, vegetation management and waste.
Methods prioritised for development in 2021 are:
The government agreed to a regular public nomination process for method priorities following the King Review. New method development priorities will be set each year following consultation, so you will have ongoing opportunities for input.
Submissions are welcome until 26 August 2021.