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| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 423 kt | 398 kt | +25 kt | — | 25,168 | SMC buyer |
Phosphate Hill is a fertiliser manufacturing facility operated by Incitec Pivot Limited in QLD. Like all covered facilities, ammonia and fertiliser production is energy and emissions-intensive. Under Australia's Safeguard Mechanism, Phosphate Hill must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, Phosphate Hill reported emissions of 423 kt against a baseline obligation of 398 kt — an overage of 25 kt. The facility covered the overage using 25,168 Safeguard Mechanism Credits (SMCs) — credits generated by other covered facilities that came in under their own baselines.
Across the fertiliser manufacturing sector, 2 of 4 covered facilities reported emissions above their baseline in 2023–24. The table below compares Phosphate Hill with other fertiliser manufacturing facilities covered by the Safeguard Mechanism.
| Facility | Operator | State | Emissions | vs Baseline | Compliance |
|---|---|---|---|---|---|
| Phosphate Hill | Incitec Pivot Limited | QLD | 423 kt | +25 kt | SMC buyer |
| YPF AMMONIA PLANT | Yara Pilbara Fertilisers Pty Ltd | WA | 1.37 Mt | +10 kt | ACCU buyer |
| CSBP Kwinana Facility | CSBP Limited | WA | 672 kt | -63 kt | Under baseline |
| Gibson Island | Incitec Pivot Limited | QLD | 170 t | -100 kt | Under baseline |