Are their any credits available for cogeneration under the Carbon Pollution Reduction Scheme (CPRS)?
Under a CPRS, only scope 1 emissions are included. Direct emissions (scope 1 emissions) are produced from sources that are owned and controlled by an organisation and as a result of that organisation’s activities. Indirect emissions (scope 2 emissions) are emissions generated from an organisation’s activities (particularly from its demand for goods and services), but which are physically produced by the activities of another organisation. The most important category of indirect emissions is from the consumption of electricity. Scope 2 emissions will reduce because you are generating electricity for on-site use and/or export. If a CPRS were introduced, the impact of carbon emissions will likely impact companies regardless of whether the individual site is covered by the CPRS or not. This will be seen by companies as higher energy prices. For sites covered by CPRS (sites that have annual greenhouse gas emissions greater than 25 kilo tonnes CO2 equivalence/year) the carbon impost will be
