Big Lake Gas
The Safeguard Mechanism requires Australia's largest industrial facilities to keep net emissions under a legislated, stepping-down baseline — or offset the difference with carbon credits.
Reported emissions vs baseline, 2016–17 to 2017–18
Credit surrenders — Big Lake Gas
| Year | Emissions | Baseline | Gap† | ACCUs | SMCs | Compliance† |
|---|---|---|---|---|---|---|
| 17–18 | 112 kt | 140 kt | -29 kt | — | — | Under baseline |
| 16–17 | 122 kt | 140 kt | -19 kt | — | — | Under baseline |
Emissions, baseline, ACCUs and SMCs are reported directly by CER. †Gap and compliance category are calculated by Zerra from those figures.
What this means
Big Lake Gas is a facility operated by SANTOS LIMITED in SA. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Big Lake Gas must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2017–18, Big Lake Gas came in under its baseline — reporting emissions of 112 kt against an obligation of 140 kt, a surplus of 29 kt. Facilities that come in under baseline can generate Safeguard Mechanism Credits (SMCs), which can be sold to facilities that need to cover an overage.
Related facilities — Safeguard Mechanism 2017–18
No peer data available.
All data sourced from the Clean Energy Regulator (Australian Government). Zerra is an independent data platform and is not affiliated with any listed facility or operator.