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| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 80 kt | 100 kt | -20 kt | — | — | Under baseline |
EGP is a gas supply facility operated by Jemena Eastern Gas Pipeline (1) Pty Ltd in NSW; VIC. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, EGP must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, EGP came in under its baseline — reporting emissions of 80 kt against an obligation of 100 kt, a surplus of 20 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.
Across the gas supply sector, 3 of 5 covered facilities reported emissions above their baseline in 2023–24. The table below compares EGP with other gas supply facilities covered by the Safeguard Mechanism.
| Facility | Operator | State | Emissions | vs Baseline | Compliance |
|---|---|---|---|---|---|
| Multinet Principal Distribution Network and South Gippsland Pipeline | MULTINET GAS (DB NO. 2) PTY LTD | VIC | 170 kt | +5 kt | SMC buyer |
| JGN | Jemena Gas Networks (NSW) Ltd | NSW | 341 kt | +785 t | ACCU buyer |
| AusNet Gas Services Pty Ltd | AusNet Services Holdings Pty Ltd | VIC | 188 kt | +637 t | ACCU buyer |
| Australian Gas Networks (Vic) Pty Ltd | Australian Gas Networks Holding Pty Ltd | VIC | 112 kt | -7 kt | Under baseline |
| EGP | Jemena Eastern Gas Pipeline (1) Pty Ltd | NSW; VIC | 80 kt | -20 kt | Under baseline |