Racecourse Mill
The Safeguard Mechanism requires Australia's largest industrial facilities to keep net emissions under a legislated, stepping-down baseline — or offset the difference with carbon credits.
Reported emissions vs baseline, 2016–17 to 2018–19
Credit surrenders — Racecourse Mill
| Year | Emissions | Baseline | Gap† | ACCUs | SMCs | Compliance† |
|---|---|---|---|---|---|---|
| 18–19 | 107 kt | 100 kt | +7 kt | 6,658 | — | ACCU buyer |
| 16–17 | 103 kt | 100 kt | +3 kt | 2,528 | — | ACCU buyer |
Emissions, baseline, ACCUs and SMCs are reported directly by CER. †Gap and compliance category are calculated by Zerra from those figures.
What this means
Racecourse Mill is a facility operated by MACKAY SUGAR LIMITED in QLD. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Racecourse Mill must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2018–19, Racecourse Mill reported emissions of 107 kt against a baseline obligation of 100 kt — an overage of 7 kt. The facility covered the 7 kt overage by purchasing 6,658 Australian Carbon Credit Units (ACCUs) — credits generated by carbon abatement projects elsewhere in Australia such as soil carbon farming, avoided land clearing, and landfill gas capture.
Purchasing credits is legal and intended by the Safeguard Mechanism's design — the policy deliberately allows facilities to choose between cutting on-site emissions or funding abatement elsewhere in the economy. Whether credit purchases represent genuine long-term decarbonisation depends on whether the facility's absolute emissions are trending down over time. The chart above shows the trajectory since reporting began. This question applies to all covered facilities under the Safeguard Mechanism, not Racecourse Mill specifically.
Related facilities — Safeguard Mechanism 2018–19
No peer data available.
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.