Is V/Line complying with the Safeguard Mechanism?

Yes. V/Line reported emissions of 139 kt in 2023–24, which is 21 kt below its baseline obligation of 160 kt.

What are V/Line's emissions compared to its baseline?

In 2023–24, V/Line reported covered emissions of 139 kt against a net baseline obligation of 160 kt — a surplus of 21 kt. Data is sourced from the Clean Energy Regulator's annual Safeguard Mechanism published data.

V/Line is operated by V/Line Corporation. It is located in VIC and is classified under the Rail Passenger sector for the purposes of the Safeguard Mechanism.

Where does Zerra's data for V/Line come from?

All data for V/Line is sourced from the Clean Energy Regulator's annual Safeguard Mechanism published data, which is publicly available at cer.gov.au. Zerra reproduces this data in plain English to make it accessible to journalists, researchers, and the general public. Data is updated annually when the CER publishes new figures, typically in February or March.

V/Line — Safeguard Mechanism emissions — under baseline in 2023–24

Name: Safeguard Mechanism emissions data — V/Line
Creator: Clean Energy Regulator
License: https://creativecommons.org/licenses/by/4.0/

Annual compliance record

Credit surrenders — V/Line

Year	Emissions	Baseline	Gap	ACCUs	SMCs	Compliance
24–25	139 kt	160 kt	-21 kt	—	—	Under baseline

Plain English

What this means

V/Line is a rail passenger facility operated by V/Line Corporation in VIC. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, V/Line must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.

In 2023–24, V/Line came in under its baseline — reporting emissions of 139 kt against an obligation of 160 kt, a surplus of 21 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. V/Line generated 20,960 SMCs in 2023–24.

Other facilities — Rail Passenger

Rail Passenger facilities — Safeguard Mechanism 2023–24

Facility	Operator	State	Emissions	vs Baseline	Compliance
V/Line	V/Line Corporation	VIC	139 kt	-21 kt	Under baseline

Source: Clean Energy Regulator — Safeguard Mechanism published data 2023–24 · All figures in tCO₂-e · Methodology · Data updated annually on CER release
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.

## Safeguard Mechanism data — V/Line
| Metric | Value |
|---|---|
| Facility | V/Line |
| Operator | V/Line Corporation |
| State | VIC |
| Sector | Rail Passenger |
| Reporting year | 2023–24 |
| Covered emissions | 139 kt |
| Baseline | 160 kt |
| Compliance gap | -21 kt |
| ACCUs surrendered | — |
| SMCs surrendered | — |
| SMCs generated | 20,960 |
| Compliance method | under_baseline |
| Multi-year monitoring period | No |
| Baseline type | Calculated baseline |
| Data source | Clean Energy Regulator, Australian Government |
| Last updated | 2026-04-07 |

Follow the data.

V/Line

Reported emissions vs baseline, 2024–2024

Credit surrenders — V/Line

What this means

Rail Passenger facilities — Safeguard Mechanism 2023–24