Review of Greenhouse and Energy Minimum Standards Act
The Federal Government is undertaking the first statutory review of the Greenhouse and Energy Minimum Standards Act 2012 (GEMS Act) which allows the Commonwealth to set uniform, national energy efficiency standards for appliances and equipment. Ms Anna Collyer, a partner at law firm Allens, has been appointed to undertake the review.
Environment and Energy Minister Josh Frydenberg said the Act has driven significant improvements in energy efficiency, contributing to reduced energy consumption, energy costs and greenhouse gas emissions.
“To date, standards under the GEMS Act have saved the average household between $140 and $220 on their electricity bill each year,” he said.
In 2016, the net benefit to the economy was in the range of $870 million to $1.58 billion, with greenhouse gas emissions savings of between 4.5 and 6.9 mega tonnes, equivalent to half of Queensland’s total household emissions.
“From 2015 to 2020, the GEMS Act is estimated to reduce Australia’s emissions by at least 27 mega tonnes. That’s the same as taking over eight million cars off the road for a year.”
The statutory review is an important part of continuous improvement to ensure the GEMS Act remains appropriate and effective.
“It is an excellent opportunity to reflect on changing appliance and equipment use, emerging technologies, the increasing connectedness of appliances and international best practice,” Minister Frydenberg said.
The review will include consultation with a range of stakeholders, including industry and consumer groups as well as state, territory and New Zealand governments.
The review will commence immediately and deliver a final report during 2018.
The review outline and terms of reference are available here.