QLD · Safeguard Mechanism 2024–25

Hail Creek Mine

HAIL CREEK COAL PTY LTD
📍 QLD

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.

Hail Creek Mine came in under its baseline in 2024–25 — reporting 988 kt against an obligation of 1.24 Mt.
Source: Clean Energy Regulator · data as at 25 Oct 2026
988 kt
2024–25 emissions CER
1.24 Mt
net baseline obligation CER
-249 kt
vs baseline Zerra calc.
—
ACCUs surrendered CER

Reported emissions vs baseline, 2016–17 to 2024–25

Red bars indicate emissions above baseline — covered by carbon credit purchases
0t387kt773kt1.2Mt1.5Mt16–1717–1818–1919–2020–2121–2222–2323–2424–25 Emissions Overage Baseline

Credit surrenders — Hail Creek Mine

YearEmissionsBaseline Gap†ACCUsSMCsCompliance†
24–25 988 kt 1.24 Mt -249 kt — — Under baseline
23–24 1.38 Mt 1.19 Mt +192 kt 192,103 — ACCU buyer
22–23 532 kt 588 kt -55 kt — — Under baseline
21–22 544 kt 588 kt -44 kt — — Under baseline
20–21 540 kt 588 kt -48 kt — — Under baseline
19–20 504 kt 592 kt -88 kt — — Under baseline
18–19 499 kt 592 kt -93 kt — — Under baseline
17–18 554 kt 592 kt -38 kt — — Under baseline
16–17 512 kt 592 kt -80 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

Hail Creek Mine is a facility operated by HAIL CREEK COAL PTY LTD in QLD. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Hail Creek Mine must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.

In 2024–25, Hail Creek Mine came in under its baseline — reporting emissions of 988 kt against an obligation of 1.24 Mt, a surplus of 249 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. Hail Creek Mine generated 249,457 SMCs in 2024–25.

Among 8 comparable facilities, 8 reported emissions above their baseline in 2024–25. The table below compares Hail Creek Mine with other facilities covered by the Safeguard Mechanism in the same classification.

Related facilities — Safeguard Mechanism 2024–25

Facility Operator State Emissions vs Baseline Compliance
Moranbah North Mine ANGLO COAL (MORANBAH NORTH MANAGEMENT) PTY LIMITED QLD 1.41 Mt +761 kt ACCU + SMC
Curragh Mine CORONADO AUSTRALIA HOLDINGS PTY LTD QLD 1.09 Mt +558 kt Pending
Kestrel Mine Kestrel Coal Group Pty Ltd QLD 1.26 Mt +555 kt ACCU + SMC
Ashton Coal Mine (Underground) ASHTON COAL OPERATIONS PTY LIMITED NSW 683 kt +489 kt ACCU buyer
Goonyella Broadmeadow Mine BM Alliance Coal Operations Pty Limited QLD 1.36 Mt +469 kt ACCU buyer
Centurion Coal Mine Centurion Coal Mining Pty Ltd QLD 591 kt +430 kt ACCU + SMC
Warkworth Mine Warkworth Mining Ltd NSW 1.06 Mt +302 kt ACCU buyer
Olive Downs Complex PEMBROKE RESOURCES NOMINEE PTY LTD QLD 393 kt +293 kt ACCU buyer
← All Safeguard facilities
Source: Clean Energy Regulator — Safeguard Mechanism data · All figures in tCO₂-e · Data updated annually on CER release
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.