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| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 460 kt | 524 kt | -64 kt | — | — | Under baseline |
Moranbah is a chemical manufacturing facility operated by Incitec Pivot Limited in QLD. Like all covered facilities, chemical production processes generate process and energy emissions. Under Australia's Safeguard Mechanism, Moranbah must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, Moranbah came in under its baseline — reporting emissions of 460 kt against an obligation of 524 kt, a surplus of 64 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. Moranbah generated 63,529 SMCs in 2023–24.
Across the chemical manufacturing sector, 1 of 3 covered facilities reported emissions above their baseline in 2023–24. The table below compares Moranbah with other chemical manufacturing facilities covered by the Safeguard Mechanism.
| Facility | Operator | State | Emissions | vs Baseline | Compliance |
|---|---|---|---|---|---|
| Yarwun Nitrates | ORICA AUSTRALIA PTY LTD | QLD | 377 kt | +77 kt | Pending |
| Moranbah | Incitec Pivot Limited | QLD | 460 kt | -64 kt | Under baseline |
| Kooragang Island | ORICA AUSTRALIA PTY LTD | NSW | 483 kt | -431 kt | Under baseline |