Public consultation on the Landfill Gas method crediting period extension review
The Emissions Reduction Assurance Committee has commenced a review to consider whether to extend the crediting period for the Carbon Credits (Carbon Farming Initiative—Landfill Gas) Methodology Determination 2015 (the landfill gas method).
Crediting period extension reviews are one of the Committee’s functions under the Carbon Credits (Carbon Farming Initiative) Act 2011.
The crediting period is the time over which an Emissions Reduction Fund project may receive Australian carbon credit units for undertaking emissions reduction activities. The current crediting period for projects under the landfill gas method is seven years. When performing this review the Committee will consider whether activities covered by the landfill gas method continue to deliver abatement that is unlikely to occur in the ordinary course of events.
To inform the review, the Committee is conducting public consultation to seek feedback on whether projects covered by the method would continue to result in carbon abatement that is unlikely to occur in the ordinary course of events if the crediting period were to be extended.
For further information on the public consultation process and instructions on how to make a submission, please visit the review’s webpage.
The Committee will provide advice on the outcomes of the review to the Minister for Environment and Energy. If the Committee advises the crediting period should be extended, the Minister may seek to vary the method to extend the crediting period of eligible projects.
Submissions are due by the close of public consultation, on 11 July 2017.