Kestrel Mine
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 2024–25
Credit surrenders — Kestrel Mine
| Year | Emissions | Baseline | Gap† | ACCUs | SMCs | Compliance† |
|---|---|---|---|---|---|---|
| 24–25 | 1.26 Mt | 708 kt | +555 kt | 504,711 | 50,000 | ACCU + SMC |
| 19–20 | 971 kt | 1.33 Mt | -355 kt | — | — | Under baseline |
| 18–19 | 374 kt | 657 kt | -283 kt | — | — | Under baseline |
| 17–18 | 476 kt | 718 kt | -242 kt | — | — | Under baseline |
| 16–17 | 465 kt | 718 kt | -253 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
Kestrel Mine is a facility operated by Kestrel Coal Group Pty Ltd in QLD. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Kestrel Mine must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2024–25, Kestrel Mine reported emissions of 1.26 Mt against a baseline obligation of 708 kt — an overage of 555 kt. The facility covered the overage through a combination of ACCUs and SMCs.
Purchasing credits is legal and intended by the Safeguard Mechanism's design — the policy deliberately allows facilities to choose between cutting on-site emissions or funding abatement elsewhere in the economy. Whether credit purchases represent genuine long-term decarbonisation depends on whether the facility's absolute emissions are trending down over time. The chart above shows the trajectory since reporting began. This question applies to all covered facilities under the Safeguard Mechanism, not Kestrel Mine specifically.
Among 8 comparable facilities, 8 reported emissions above their baseline in 2024–25. The table below compares Kestrel 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 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.