Is Liberty Bell Bay complying with the Safeguard Mechanism?

Yes. Liberty Bell Bay reported emissions of 196 kt in 2023–24, which is 9 kt below its baseline obligation of 205 kt.

What are Liberty Bell Bay's emissions compared to its baseline?

In 2023–24, Liberty Bell Bay reported covered emissions of 196 kt against a net baseline obligation of 205 kt — a surplus of 9 kt. Data is sourced from the Clean Energy Regulator's annual Safeguard Mechanism published data.

Who operates Liberty Bell Bay?

Liberty Bell Bay is operated by Liberty Bell Bay Pty Ltd. It is located in TAS and is classified under the Steel Manufacturing sector for the purposes of the Safeguard Mechanism.

Where does Zerra's data for Liberty Bell Bay come from?

All data for Liberty Bell Bay is sourced from the Clean Energy Regulator's annual Safeguard Mechanism published data, which is publicly available at cer.gov.au. Zerra reproduces this data in plain English to make it accessible to journalists, researchers, and the general public. Data is updated annually when the CER publishes new figures, typically in February or March.

Steel Manufacturing · TAS · Safeguard Mechanism 2023–24

Liberty Bell Bay

Name: Safeguard Mechanism emissions data — Liberty Bell Bay
Creator: Clean Energy Regulator
License: https://creativecommons.org/licenses/by/4.0/

Liberty Bell Bay Pty Ltd

📍 TASSteel ManufacturingABN 23 004 456 035Baseline: Production-adjusted baseline

Liberty Bell Bay came in under its baseline in 2023–24 — reporting 196 kt against an obligation of 205 kt.

196 kt

2023–24 emissions

205 kt

net baseline obligation

-9 kt

vs baseline

—

ACCUs surrendered

Emissions history

Reported emissions vs baseline, 2024–2024

Red bars indicate emissions above baseline — covered by carbon credit purchases

Annual compliance record

Credit surrenders — Liberty Bell Bay

Year	Emissions	Baseline	Gap	ACCUs	SMCs	Compliance
24–25	196 kt	205 kt	-9 kt	—	—	Under baseline

Plain English

What this means

Liberty Bell Bay is a steel manufacturing facility operated by Liberty Bell Bay Pty Ltd in TAS. Like all covered facilities, steelmaking from iron ore releases large quantities of CO₂ through the coking coal process. Under Australia's Safeguard Mechanism, Liberty Bell Bay must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.

In 2023–24, Liberty Bell Bay came in under its baseline — reporting emissions of 196 kt against an obligation of 205 kt, a surplus of 9 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. Liberty Bell Bay generated 8,762 SMCs in 2023–24.

Across the steel manufacturing sector, 3 of 5 covered facilities reported emissions above their baseline in 2023–24. The table below compares Liberty Bell Bay with other steel manufacturing facilities covered by the Safeguard Mechanism.

Other facilities — Steel Manufacturing

Steel Manufacturing facilities — Safeguard Mechanism 2023–24

Facility	Operator	State	Emissions	vs Baseline	Compliance
Liberty Primary Steel Whyalla Steelworks	ONESTEEL MANUFACTURING PTY LIMITED	SA	1.19 Mt	+165 kt	Pending
Western Port Works	BlueScope Steel Limited	VIC	108 kt	+8 kt	SMC buyer
InfraBuild Steel Laverton Steel Mill	THE AUSTRALIAN STEEL COMPANY (OPERATIONS) PTY LTD	VIC	114 kt	+1 kt	ACCU buyer
Liberty Bell Bay	Liberty Bell Bay Pty Ltd	TAS	196 kt	-9 kt	Under baseline
Port Kembla Steelworks	BLUESCOPE STEEL (AIS) PTY. LTD.	NSW	5.95 Mt	-232 kt	Under baseline

← All Safeguard facilities

Source: Clean Energy Regulator — Safeguard Mechanism published data 2023–24 · All figures in tCO₂-e · Methodology · 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.

## Safeguard Mechanism data — Liberty Bell Bay
| Metric | Value |
|---|---|
| Facility | Liberty Bell Bay |
| Operator | Liberty Bell Bay Pty Ltd |
| State | TAS |
| Sector | Steel Manufacturing |
| Reporting year | 2023–24 |
| Covered emissions | 196 kt |
| Baseline | 205 kt |
| Compliance gap | -9 kt |
| ACCUs surrendered | — |
| SMCs surrendered | — |
| SMCs generated | 8,762 |
| Compliance method | under_baseline |
| Multi-year monitoring period | No |
| Baseline type | Production-adjusted baseline |
| Data source | Clean Energy Regulator, Australian Government |
| Last updated | 2026-04-07 |