QLD · Safeguard Mechanism 2024–25

Kestrel Mine

Kestrel Coal Group 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.

Kestrel Mine reported emissions +555 kt above its baseline in 2024–25. The overage was covered through a mix of ACCUs and SMCs.
Source: Clean Energy Regulator · data as at 25 Oct 2026
1.26 Mt
2024–25 emissions CER
708 kt
net baseline obligation CER
+555 kt
vs baseline Zerra calc.
504,711
ACCUs surrendered CER

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

Red bars indicate emissions above baseline — covered by carbon credit purchases
0t371kt742kt1.1Mt1.5Mt16–1717–1818–1919–2024–25 Emissions Overage Baseline

Credit surrenders — Kestrel Mine

YearEmissionsBaseline Gap†ACCUsSMCsCompliance†
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 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.