The Australian Aluminium Council (the Council) welcomes the opportunity to provide information to the Emissions Reduction Assurance Committee (ERAC) on its review of the crediting extension period (CPE) of the Carbon Credits (Carbon Farming Initiative – Industrial Electricity and Fuel Efficiency) Methodology Determination 2015 (the IEFE method). Specifically, ERAC has requested the views of stakeholders on whether to extend the crediting period for the IEFE Emissions Reduction Fund (ERF) projects, and whether this would continue to result in abatement that is unlikely to occur in the ordinary course of events.
