New Emissions Reduction Fund methods released
The Clean Energy Regulator has released three new methods for use as part of the Emissions Reduction Fund for commercial buildings, alternative waste treatment and landfill gas.
Three new methods are now available for use as part of the Emissions Reduction Fund (ERF) in relation to:
- commercial buildings
- alternative waste treatment
- landfill gas
The commercial buildings method allows for projects that reduce emissions associated with the consumption of electricity or fossil fuels at a commercial building and uses the National Australian Built Environment Rating System (NABERS) energy ratings and tools to quantify emissions reductions and energy savings from energy efficiency activities undertaken as part of an ERF project.
The method allows for a broad range of activities that may be undertaken as part of a commercial buildings project, providing flexibility for participants to determine what activities are most appropriate for each building.
The alternative waste treatment method sets out the requirements for implementing and monitoring waste projects that avoid emissions by diverting waste from landfill to alternative waste treatment (AWT) facilities.
The new AWT method builds on existing alternative waste treatment methods and provides an incentive to develop new AWT facilities or expand existing AWT facilities to increase the capacity of waste that can be processed. Existing AWT projects can transition to the new method and continue to generate emissions reductions for processing waste that would have gone to landfill.
The landfill gas method also builds on existing landfill gas methods and provides an incentive to install a new landfill gas collection system, upgrade an existing system or recommence operation of a system at a site where one has existed before but not operated for some time. Unlike existing landfill gas methods, projects using the new method can earn credits for waste accepted at the landfill facility after 30 June 2014.
Existing landfill gas projects can apply to vary their projects and transition to the new method so that they can receive credits for the destruction of emissions from non-legacy waste as well as legacy waste.