28 August 2012 – A series of fact sheets about the new carbon-equivalent levy applied to hydrofluorocarbon refrigerant gases has been produced by the Australian Institute of Refrigeration, Air Conditioning and Heating.
Under the Australian Government’s Clean Energy Future Plan, synthetic greenhouse gas refrigerants attract an “equivalent carbon price” also known as the “carbon-equivalent levy”.
Institute chief operating officer Neil Cox said the five facts sheets, designed to be easily understood by non-technical readers, would help the industry in its transition to a low-carbon future.
“With some refrigerants now three to five times more expensive than previously, there are a number of new risks, considerations and opportunities for the industry to navigate following the introduction of the carbon-equivalent levy,” he said.
The fact sheets cover topics including how the levy is applied, managing financial risks, alternative refrigerants, and safety and energy-saving strategies:
- The Clean Energy Future Plan and HFCs: Provides an outline of the HFC levy – why it was introduced, who pays it, which refrigerants attract the levy, and how much it will cost. It also looks at how system owners can minimise their exposure to the levy; options for new and existing HFC and HCFC systems; and general owner/operator issues to consider.
- Energy-saving strategies – existing systems: Identifies the most energy-efficient low-GWP refrigerants and energy-saving options for existing systems, as well as how to reduce heat load and improve a system’s operating efficiency.
- Opportunities in a low emission future: Explains investment incentives, energy cost-saving, green/sustainability credentials, new refrigerants, HFC system audits, energy-efficiency audits, leak detection and repair services, energy-efficiency interventions, refrigerant destruction, maintenance, green skills/credentials and identifying and addressing perverse outcomes.
- Leak-prevention strategies: Covers the common causes of leaks, detection, costs involved, strategies to prevent leakage and how these might impact the capital costs of new systems.
- Managing the financial and associated risks: Outlines the main risks for system owners and operators and technical service providers.