The Emissions Reduction Fund to make an effective contribution to reducing greenhouse gases in Australia.
To include:
• an effective safeguard mechanism for 5% International Target;
• the operation of baselines that permit sustainable economic growth;
• ensuring the Government only sponsors genuine projects
• minimising the administrative burden on industry;
• reducing duplication and overlaps between State policies
• recognition of the important role of local communities in achieving sustainable outcomes.
The safeguard mechanism will start on 1 July 2015. All elements will be administered by the Clean Energy Regulator.
• an effective safeguard mechanism for 5% International Target;
• the operation of baselines that permit sustainable economic growth;
• ensuring the Government only sponsors genuine projects
• minimising the administrative burden on industry;
• reducing duplication and overlaps between State policies
• recognition of the important role of local communities in achieving sustainable outcomes.
The safeguard mechanism will start on 1 July 2015. All elements will be administered by the Clean Energy Regulator.
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