Climate Change Authority

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Glossary

Term

Meaning

AusTender

Provides centralised publication of Australian Government business opportunities, annual procurement plans, multi-use lists and contracts awarded by government agencies.

Authority Members

The Authority comprises eight part-time Members and an ex-officio Member (the Chief Scientist). Members are appointed by the Minister for the Environment under s. 18 of the Climate Change Authority Act 2011.

caps

Can refer to emissions caps or carbon pollution caps.

The year-by-year limit on emissions from sources covered by the carbon pricing mechanism (‘covered emissions’).

Carbon Farming Initiative

An Australian carbon offset scheme that credits emissions reductions from certain sources that are not covered by the carbon pricing mechanism, such as forestry and agriculture.

carbon pricing mechanism

Creates a price on emissions by requiring large emitters to report on, and surrender emissions units for, their covered emissions. The mechanism was put in place by the Clean Energy Act 2011 and related legislation, and commenced operation on 1 July 2012. At 30 June 2014, the government intended to repeal the mechanism.

Climate Change Authority

Established on 1 July 2012, the Climate Change Authority provides independent advice on the operation of Australia’s carbon price, emissions reduction targets, caps and trajectories, and other Australian Government climate change initiatives.

Clean Energy Regulator

An independent statutory authority that administers regulatory schemes relating to clean energy, including the Renewable Energy Target, the Carbon Pricing Mechanism, the National Greenhouse and Energy Reporting scheme, and the Carbon Farming Initiative.

Department of the Environment

Designs and implements the Australian Government’s policies and programs to protect and conserve the environment, water and heritage, and promote climate action.

Department of Climate Change and Energy Efficiency Enterprise Agreement 2011–2014

The collective agreement of the former Department of Climate Change and Energy Efficiency; sets the terms and conditions of employment for all non-SES Authority staff.

Department of Industry

Helps to drive economic growth, productivity and competitiveness by bringing together industry, energy, resources, science, skills and business.

Emissions Reduction Target

Australia’s goal for national emissions in a specific year.

Emissions Trading Scheme

A market-based approach to reducing emissions that places a limit on emissions allowed from all sectors covered by the scheme. Emissions trading allows entities to trade emissions units with other entities. In general, trading can occur at the domestic, international and intra-company levels.

gigawatt hours

A measure of electricity generation/use over a period of time (or energy).

mitigation

A reduction in the source of, or enhancement of the sinks for, greenhouse gases.

national carbon budget

Australia’s cumulative emissions allowance over a period of time, referred to in the Clean Energy Act 2011.

National Greenhouse and Energy Reporting Scheme

Introduced in 2007, the scheme provides a single national framework for corporations to report on greenhouse gas emissions, energy use and energy production. Corporations that meet a National Greenhouse and Energy Reporting threshold must register and then report each year.

national emissions trajectory

Australia’s year-by-year pathway to its target. The trajectory provides the starting point for calculating annual caps.

Remuneration Tribunal

An independent statutory authority established under the Remuneration Tribunal Act 1973 that sets the remuneration for key Commonwealth offices.

Renewable Energy Target

Operates in two parts—the Small-scale Renewable Energy Scheme and the Large-scale Renewable Energy Target.

Renewable Energy Target review

The Climate Change Authority’s review of the Renewable Energy Target. The review is defined in s. 162 of the Renewable Energy (Electricity) Act 2000 (Cth).

Targets and Progress Review

The Climate Change Authority has completed its Targets and Progress Review, which recommended emissions reduction targets for Australia and reported on how we are tracking towards these targets. The Authority presented the final report to the government on 27 February 2014.