Greening Your Business Through Technology - WITSA

4Next StepsNGER Thresholds (Liability)Figure 7: NGER ACT Reporting Timeline –National Greenhouse and Energy Reporting Act 2007.Corporations Facilities25 Kt 100 Tj125 Kt 500 Tj87.5 Kt 350 Tj 50 Kt 200 Tj1st Reporting YearJuly 2008 – June 20092nd Reporting YearJuly 2009 – June 20103nd Reporting YearJuly 2010 – June 20114th Reporting YearJuly 2011 – June 2012■ Register by 31 Aug■ Report by 31 Oct■ Publication by 28 Feb■ Register by 31 Aug■ Report by 31 Oct■ Publication by 28 Feb■ Register by 31 Aug■ Report by 31 Oct■ Publication by 28 FebKt = Kilotonnes in CO2 equivalent of greenhouse gases emittedTj = terajoules (1012 joules) of energy consumed or producedThe National Greenhouse and Energy Reporting (NGER) Act is an Australian Governmentinitiative that provides a single national framework for the reporting and dissemination ofinformation about the greenhouse gas emissions, greenhouse gas projects and energy useand production of corporations.It is vital that company directors understand their situation in relation to the NGER thresholds.The cost of non-compliance is significant, with penalties of up to $220,000. Additional overduedaily penalties plus criminal charges will apply for executive officers found to be in breach.Future Carbon Reduction Targets (Risk)Figure 8: Australia per capita emissions –Australia’s National Emissions Target Fact Sheet, May 2009.35100%tonnes CO2-e / per person3025201510585%66%59%52%019902008 2020-5 target2020-15 target2020-25 targetIt is important to understand the Australian Government’s National Emissions Target that isset for 2020 as it gives a picture of how much change is planned in the future. Taking a gradualapproach, the required cuts in emissions will progressively increase to 60 percent by 2050. Thiswill significantly impact the profitability of those organisations that are not prepared, whereasorganisations that start early and take a leading role will have the competitive advantage overothers.Page 23