|Policy status:||In Force|
|Policy Type:||Information and Education, Information and Education>Performance Label>Comparison label, Information and Education>Performance Label|
|Energy Efficiency Policy Targets:||Industry, Industrial subsectors, Cross-industry, Buildings, Building Type, Industrial, Buildings, Building Type, Non-residential|
|Climate Change Policy Targets:||Framework/ Multi-sectoral Policy|
|Agency:||Department of the Environment and Energy|
|Funding:||Operates on a cost recovery basis.|
|Energy Efficiency Description:|
Low Carbon Australia Limited (LCAL) (formerly the Australian Carbon Trust) was announced by the Australian Government in May 2009. Low Carbon Australia was a Commonwealth company which was established to further support action on climate change by business. It managed two programs being the Energy Efficiency Program and the Carbon Neutral Program.
The Energy Efficiency Program aimed to provide finance and advice to eligible business and the public sector in order to retrofit commercial properties. It does so by providing seed funding and finance solutions for retrofitting.
The Carbon Neutral Program provided a voluntary certification process for organisations that have carbon neutral products or operations under the National Carbon Offset Standard (NCOS). This program commenced on 1 July 2010 and replaces the 'Australian Government's Greenhouse Friendly™ initiative (2001 to 2010).
LCAL's energy efficiency programs, staff, systems and platforms have now been merged with the Clean Energy Finance Corporation. The merger will be complete by 30 June 2013 and LCAL staff will contine to work with existing clients on financing opportunties.
|Climate Change Description:|
The Carbon Neutral Program is a voluntary scheme which certifies products, business operations or events as carbon neutral against the Australian Government's National Carbon Offset Standard (the Standard). This Standard provides integrity through its guidance on genuine voluntary offsets and its minimum requirements for calculating, auditing and offsetting a carbon footprint to achieve carbon neutrality.
|Related policies:||National Carbon Offset Standard (NCOS)|
|This record is superseded by:||Clean Energy Finance Corporation (CEFC)|
|This record supersedes:||Low Carbon Australia Limited- Energy Efficiency Program and The Carbon Neutral Program|
Last modified: Fri, 05 May 2017 18:15:25 CEST