ATSE welcomes the opportunity to provide a submission to the independent review of Australian Carbon Credit Units (ACCUs). We make the following recommendations to strengthen the governance and integrity of the framework:
Recommendation 1: Separate the verification and auditing of awarded ACCUs into different agencies.
Recommendation 2: Publicly release performance data from ACCU recipients to enable independent verification.
Recommendation 3: The ERF must be aligned with international standards to ensure that it remains appropriate and fit for purpose for future advances in emissions controls.