In our newsletter of 23 April 2013, we informed you of the Federal Government’s response to the Climate Change Authority’s review of the Renewable Energy Target (RET). This included a number of recommendations that were agreed-in-principle and would benefit from further consideration and consultation.
The Federal Government has prepared the following three discussion papers which will be of significant interest and importance to many of you:
- the development of opt-in arrangements for large electricity consumers to assume direct liability for RET obligations;
- making Partial Exemption Certificates (PECs) tradable for emissions-intensive trade-exposed entities; and
- arrangements to allow for incidental electricity off-takes for community benefit in remote locations under the self-generators exemption.
The three Discussion Papers can be viewed here.
The deadline for registering interest for participating in stakeholder forums is Friday 2 August 2013.
The deadline for submissions is Friday 30 August 2013.