Emissions deadline looms


Miners, manufacturers and other high energy users need to start measuring their carbon footprint ahead of the greenhouse gas reporting deadline

Emissions deadline looms
Greenhouse reporting deadline looms

Miners, manufacturers and other high energy users need to start measuring their carbon footprint ahead of the greenhouse gas reporting deadline, BDO Kendalls warns.

Under the National Greenhouse and Energy Reporting (NGER) Act 2007, organisations that exceed specified emissions thresholds are required to apply for registration with the Department of Climate Change by August 31.

BDO Kendalls Partner Dylan Boyle says businesses could face penalties of up to $200,000 if they do not start planning now.

"Many mining and other high energy users are unaware of this legislative time bomb and need to move quickly to comply with the legislation. By taking action, businesses can benefit from minimising compliance costs while maximising the economic and environmental gains," he says.

In the Queensland economy, even small open-cut mines are likely to exceed the thresholds due to the amount of energy consumed in the production process and the emissions released from the ground when the minerals are extracted.

The reporting requirement applies to individual facilities producing 25 kilotonnes (kt) of carbon dioxide or consuming 100 (TJ) or more of energy.

It also applies to corporate groups emitting 125kt of carbon dioxide or consuming 500TJ of energy.

Following registration, full reports on energy consumption, production and greenhouse gas emissions are required by October 31.

Byrne says businesses need to establish the necessary procedures to enable both the measurement and reporting of emissions and energy usage, and determine whether they fall within the thresholds.

"Also, by reducing emissions now, via either carbon offsets, abatement or through operational improvements, businesses can reduce the number of permits required under the proposed Carbon Pollution Reduction Scheme," he says.

"Taking a strategic approach to carbon management could result in large cost savings, rather than ignoring the issue and facing a huge potential burden in compliance costs when the CPRS is introduced."

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