Clean Energy Regulator

And so the types of projects it will support include improving remnant but native vegetation, improving conditions for threatened species and ecological communities, maintaining native vegetation in moderate to high condition and restoring degraded areas.

And certificates will be awarded by, administered and awarded by the Clean Energy Regulator.

And the certificates will be issued to those who create these activities in an approved way that could potentially be transferred to others.

It's a voluntary market.

We're ruling out electric buses, even though Queensland, like every other state, was rapidly pivoting to electric buses.

Queensland's now saying they're prioritising electric um fossil fuels and they're trying to make it as absolutely hard as possible for any wind or solar or battery developer in queensland to go ahead and now unfortunately we've got the victorian election coming up and there's every chance of a swing in the government there so unlike the last four years where we've had literally labor red seats everywhere in the country both state and federal we're going to have a bit more division and that's going to make it a bit harder but The positive story and the main story is that the Clean Energy Regulator did report for the first nine months of this year, a record high amount of utility wind and solar reached final investment decisions.

So five gigawatts of wind and solar has reached final investment decision in the first nine months of this year.

That is an all time record high for Australia.

In Australia, the guide specifically references the National Greenhouse and Energy Reporting Scheme, or NGER.

The Clean Energy Regulator demands that major corporate emitters report their Scope 1 and Scope 2 emissions.

And to ensure the market can trust that data, those reports are subjected to the NGER audit framework.

So an insurance practitioner walks into a mining company.

Okie dokie.

Look, just on that, on the investment thing, because we have been noting about the wind farms on this podcast and in Renew Economy for the last couple of weeks, and there's been a lot of activity, the Clean Energy Regulator has tottered it all up for the September quarter and come up with a number.

2.1 gigawatts reached financial close in the September quarter, which Chris Bowen tells us is a record.

I think it's an equal record, actually.

Queensland's Office of Fair Trading confirmed it has a current investigation into the company's conduct, and businesses could face penalties worth millions of dollars for failing to supply a product.

In a statement, Energy Minister Chris Bowen said the Clean Energy Regulator was monitoring the industry closely, and the number of battery installations was much higher than the associated rise in complaints.

Michael Atkin reporting.

It's been billed as the country's last great untapped gas resource and one that's vital for safeguarding energy supplies in Western Australia.