The Safeguard Mechanism Taskforce has advised ALOA of the following today
The National Greenhouse and Energy Reporting (Safeguard Mechanism) Amendment (Default Emissions Intensities) Rules 2022 was registered on the Federal Register of Legislation yesterday. The amendment instrument commences the day after registration (on 2 September 2022). A compilation version of the Safeguard Rule (that integrates the changes from the amendment instrument with the existing Safeguard Rule) will be available on the Federal Register of Legislation in the coming fortnight.
The amendment sets default emissions intensity values in Schedule 2 of the Safeguard Rule. These can be used by Safeguard facilities to set baselines (or emissions limits) under the Safeguard Mechanism.
The amendment instrument sets default emissions intensities for Safeguard sectors, including:
- Oil and gas
- Road Transport
- Mining (including manganese ore and quarried rock)
- Food manufacturing
- Ethanol production
The Safeguard Mechanism: Prescribed production variables and default emissions intensities document has been updated to include these new default emissions intensity values.