Disclaimer: This document provides legal information only and does not replace the need for professional legal advice in individual cases. While every effort has been made to ensure the information is accurate, the EDO does not accept any responsibility for any loss or damage resulting from any error in this document or use of this work.

This submission is to the Senate Standing Committee on Environment and Communications inquiry into the Safeguard Mechanism (Crediting) Amendment Bill 2022. It follows EDO’s previous submissions on the changes to the Safeguard Mechanism.

EDO’s recommendations focus on restricting facilities’ use of offsets to comply with the Safeguard Mechanism, disfavouring new entrants that are advantaged by improved technologies that facilitate genuine business transformation.