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| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 396 kt | 448 kt | -53 kt | — | — | Under baseline |
Nowra Plant is a other facility operated by Shoalhaven Starches Pty Ltd in NSW. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Nowra Plant must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, Nowra Plant came in under its baseline — reporting emissions of 396 kt against an obligation of 448 kt, a surplus of 53 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. Nowra Plant generated 52,520 SMCs in 2023–24.
Across the other sector, 8 of 8 covered facilities reported emissions above their baseline in 2023–24. The table below compares Nowra Plant with other other facilities covered by the Safeguard Mechanism.
| Facility | Operator | State | Emissions | vs Baseline | Compliance |
|---|---|---|---|---|---|
| Geelong Refinery | Viva Energy Refining Pty Ltd | VIC | 1.05 Mt | +145 kt | ACCU buyer |
| Refinery Qld Lytton | Ampol Limited | QLD | 717 kt | +58 kt | ACCU buyer |
| Kwinana Pigment Plant | Tronox Management Pty Ltd | WA | 286 kt | +41 kt | SMC buyer |
| Chandala Processing Plant | Tronox Management Pty Ltd | WA | 228 kt | +23 kt | SMC buyer |
| Qenos Altona Manufacturing | QENOS PTY LTD | VIC | 225 kt | +14 kt | SMC buyer |
| Sewerage West | Melbourne Water Corporation | VIC | 144 kt | +9 kt | ACCU buyer |
| DBNGP | DBNGP (WA) Transmission Pty Limited | WA | 250 kt | +8 kt | Pending |
| Dandenong | OCEANIA GLASS PTY LTD | VIC | 107 kt | +7 kt | Pending |