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| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 113 kt | 120 kt | -8 kt | — | — | Under baseline |
Port Latta Pelletising Plant is a other facility operated by GRANGE RESOURCES (TASMANIA) PTY LTD in TAS. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Port Latta Pelletising Plant must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, Port Latta Pelletising Plant came in under its baseline — reporting emissions of 113 kt against an obligation of 120 kt, a surplus of 8 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. Port Latta Pelletising Plant generated 7,519 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 Port Latta Pelletising 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 |