Green fund gives emissions tips for transport
The Federal Government’s Emissions Reduction Fund has detailed new methods for crediting emissions reductions from road, rail and sea transport.
The method is designed to support a broad range of activities to reduce emissions intensity within the transport sector, including:
- replacing existing vehicles
- modifying existing vehicles
- changing energy sources (that is, fuel switching) or the mix of energy sources, or
- changing operational practices
This method includes two general project types for different transport businesses and participants.
The first is a group of vehicles project, which credits emissions reductions from a group of vehicles.
The group of vehicles can be made up of sub-groups, where each sub-group is made up of all vehicles in a vehicle category within a business unit or transport operation.
Emissions reductions are credited against a historically-derived emissions intensity baseline, which for some vehicle categories will decline over time. Emissions reductions from each sub-group are then aggregated.
This type of project is likely to be suitable for participants who do not have data down to the level of individual vehicles, such as public or hire fleets and logistics companies.
The second is an aggregated individual vehicles project, wherein emissions intensity reductions achieved by individual vehicles are credited.
The baseline emissions intensity is tailored to the vehicle and activity being undertaken and is generally based on historically-derived data.
Emissions reductions from multiple individual vehicles are then aggregated. This sub-method is more suitable for participants with disaggregated, vehicle-specific data, such as rail and shipping operations.