$240M has been handed out to some of Australia’s largest coal producers to purchase carbon permits to offset their carbon price liabilities and to undertake emissions abatement activities.
About the program
The Coal Sector Jobs Package (CSJP) Program will provide transitional assistance to coal mines that have a high fugitive emissions-intensity. The objective is to ease their transition to the introduction of a carbon price, thereby supporting jobs and the local communities that rely on the mines. The program is administered by the Department of Resources, Energy and Tourism (the Department). The CSJP is being implemented as part of the Government’s Clean Energy Future (CEF) Package.
The CSJP will provide up to $1.257 billion over six years (five years of funding) for targeted transitional assistance to the most fugitive emissions-intensive mines to ease their transition to the introduction of a carbon price. Payments will be up to a maximum of 80 per cent of the extent to which fugitive emission intensity is above the 0.1 tonne of CO2-e per tonne of saleable coal production threshold in 2008-09.
Objective
The objectives of the CSJP are to:
- provide targeted transitional assistance to the most fugitive emissions-intensive mines to ease their transition to the introduction of a carbon price, thereby helping to safeguard jobs in these coal mines and the contributions they make to local communities;
- provide certainty for fugitive emissions-intensive coal mines to adjust to the introduction of the carbon price; and
- in conjunction with the carbon price and other measures being introduced through the CEF package, provide pricing signals and adjustment timeframes for fugitive emissions-intensive coal mines to explore options to address their fugitive emissions.
Recipients
- Vale Australia (Integra Mine)- $14 M
- Vale Australia (Carborough Downs) – $5.1 M
- Ashton Coal – $15.7 M
- Gujarat NRE Coking Coal – $10.7 M
- BHP Billiton (Endeavour Coal) – $47.8M
- Caledon – $80k
- Peabody Energy Australia – $24.8 M
- Anglo American – $26.2 M
- Xstrata – $65 M
- Centennial Coal – $27 M
- LakeCoal – $3.9 M
Timeline
On 10 July 2011 the Government announced its plan for a Clean Energy Future (the plan). The CSJP is a central element of the Government’s comprehensive plan to move Australia to a clean energy future.
The Program Administrative Guidelines for the CSJP were published on 19 December 2011.
To have been considered for funding, a fully completed application form must have been received by the Department of Resources, Energy and Tourism by 5pm AEST time on 29 February 2012.
Documents
- Coal Sector Jobs Package–Administrative Guidelines–signed version [PDF 1.7MB]
- Coal Sector Jobs Package–Administrative Guidelines–accessible version [PDF 175KB]
- Coal Sector Jobs Package–Administrative Guidelines–accessible version[DOC 267KB]
- Coal Sector Jobs Package–Application Form[DOC 178KB] 24 January 2012
- Coal Sector Jobs Package–Application Form [PDF 109KB] 24 January 2012
- Coal Sector Jobs Package–Frequently Asked Questions (FAQs) [PDF 109KB] | [DOC 156KB] 23 February 2012
- Coal Sector Jobs Package–Draft Funding Agreement [PDF 222 KB] |[DOC 454 KB]
