Clean Energy Regulator - Operations Begin from April 2012

The Clean Energy Regulator will be a statutory authority responsible for administering the carbon pricing mechanism and much of the clean legislative energy package, including the National Greenhouse and Energy Reporting Scheme, the Renewable Energy Target and the Carbon Farming Initiative. 

Yesterday, the Minister for Climate Change announced that the Clean Energy Regulatory would begin operating from 2 April 2012.

Responsibilities of the new department would include:

- providing education on the carbon pricing mechanism and how it works
- assessing emissions data to determine each emitting entity’s liability
- operating an emissions registry
- monitoring, facilitating and enforcing compliance with the carbon pricing mechanism
- allocating units, including freely allocated units, fixed price units and auctioned units
- administering the National Greenhouse and Energy Reporting Scheme (NGERS), the Renewable Energy Target (RET) and the Carbon Farming Initiative (CFI)
- accrediting auditors for the CFI and NGERS, and
- working with other national law enforcement and regulatory bodies

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