Page 679 - Week 02 - Thursday, 24 March 2022
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Mr Rattenbury: The answer to the member’s question is as follows:
(1) This budget measure applies the $20 social cost of carbon (SCC) to 2021-22 ACT Government emissions, which are estimated to be 67,000 tonnes CO2-e. As these figures are based on an estimate for the current financial year, a breakdown of Directorate emissions is not yet available.
Action 5.11 of the ACT Climate Change Strategy establishes an interim SCC of $20 per tonne of Government emissions. Under this action, Government will arrange for an independent body to develop a social cost of carbon for application from 2025.
(2) The Budget Outlook reflects the SCC being applied to a projection of Government emissions to 2024-25. The emissions projection reflects the ACT Government meeting its target of a 33 percent reduction in Government emissions from 2019-20 to end of 2024-25. The relationship between the Budget Outlook and projected Government emissions is outlined below.
|
2021-22 |
2022-23 |
2023-24 |
2024-25 | |
|
SCC Fund budget |
$1,340,000 |
$1,230,000 |
$1,120,000 |
$1,010,000 |
|
Projected Government emissions (t CO2-e) |
67,000 |
61,500 |
56,000 |
50,500 |
An internal Social Cost of Carbon Panel has been established to allocate funding to projects under the SCC Fund. The Panel has shortlisted projects for funding in 2021-22. The details of successful applications will be published each year in the Minister’s Annual Report under the Climate Change and Greenhouse Gas Reduction Act 2010. The Social Cost of Carbon Panel will continue to assess projects over the forward estimates.
(3) The amount allocated to this budget measure is being reviewed at the end of each financial year.
Energy—Vulnerable Household Energy Support Scheme
(Question No 655)
Ms Castley asked the Minister for Water, Energy and Emissions Reduction, upon notice, on 11 February 2022:
(1) In relation to the Budget Outlook 2021-22, page 176, has the Vulnerable Household Energy Support Scheme started; if so, can the Minister provide a breakdown of energy efficiency upgrades that have been installed as a result of this program since it began.
(2) How many households will be helped by the scheme.
(3) How will the scheme operate and will it go to tender.
(4) What involvement has there been from the ACT Council of Social Service and social housing advocacy groups.
(5) What types of projects will be funded under the scheme.
(6) Who will do the work/carry out the projects.
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