National Greenhouse and Energy Reporting
Energetics can help you with getting ready for the National Greenhouse And Energy Reporting Act
Within months you may be liable under Federal law to report your company's energy usage and greenhouse gases and the team at Energetics is ready to assist you...
The Commonwealth Government passed the National Greenhouse and Energy Reporting Act (NGERA) in September 2007. The purpose of the new law is to ensure that there is a consistent approach to greenhouse gas emission reporting across Australia. The collection and reporting of information related to greenhouse gas emissions, greenhouse gas projects, energy production and energy consumption is a precursor to establishing the Australian Emissions Trading Scheme (AETS).
Compliance obligations under the new law begin in July 2008 with the first reporting period for the 2008/2009 financial year.
A requirement to report under the NGERA can be triggered in three ways:
- your level of direct greenhouse gas emissions;
- your company's total energy produced;
- your company's total energy consumed
A company triggers the reporting threshold if:
- In year 1 (2008 / 2009): the company produces 125,000 tCO2e gross direct emissions or 500 TJ of energy are produced or consumed
- In year 2 (2009 / 2010): the company produces 87,500 tCO2e or 350 TJ of energy are produced or consumed
- In year 3 (2010 / 2011): the company produces 50,000 tCO2e or 200 TJ of energy are produced or consumed
A facility can also trigger the re porting threshold if it produces 25,000 tCO2e or produces or consumes over 100 TJ (from 2008 / 2009).
PENALTIES WILL APPLY FOR NON-COMPLIANCE
The draft regulations propose that there will be criminal and civil penalties for failure to comply with this law.
- Civil penalties are proposed for a failure to apply to register when liable to so, failure to provide a report and failure to provide information
Energetics can assist your organisation in a number of ways...
1. We understand what data needs to be collected and how to manage and integrate this process across complex organisations
2. We can help you to start recording all the relevant data
3. Assist in Greenhouse Gas inventory production and the reporting of this under the Act
We have a dedicated NGER Team at Energetics who have built up specialist expertise in understanding the law and its draft regulations.
The team has already undertaken several large NGER baseline inventories for Australian ASX200 companies. We have been advising Government on amendments to the draft regulations so we are well placed to assist on all aspects of the NGER regulations.
Energetics is maintaining a close watch on the current process related to the alignment of EEO reporting requirements with the NGER legislation. We have reviewed and are preparing a submission to the Department of Resources Energy and Tourism (DRET) in relation to the proposed changes, and attended the recent stakeholder briefing session in Canberra.
Energetics will keep a close watch on these developments, and will update our clients and develop solutions to best assist our clients meet their reporting requirements in due course.
For further information on how Energetics can help your organisation, please contact Lauren Ainscough on 02 9492 9538 or email ainscoughl@energetics.com.au, or contact Business Development: Cheryl Bowler on 02 9492 9531 or email bowlerc@energetics.com.au.
