CPRS Extends NGER Act Obligations Beyond Constitutional Corporations

Key Points:
Although an entity may not incur reporting obligations under the current NGER Act, it may be required to report by virtue of the operation of the CPRS.

The Carbon Pollution Reduction Scheme (CPRS) Bill contains a hidden catch. Entities which are not currently bound by the National Greenhouse Energy Reporting Act 2007 (NGER Act) may find themselves caught out if they are not prepared to meet the dual obligations of acquitting permits under the CPRS and reporting under NGER Act.

Existing NGER Act reporting obligations

The NGER Act applies to constitutional corporations which trigger the reporting thresholds in the Act. Those corporations which do trigger the thresholds incur an obligation to report greenhouse emissions and energy use and consumption.