{"data":{"id":"sbm379a3b965750e2c8d20bd","short_id":60,"created":"2025-09-01T07:17:10.359Z","space_id":"spc36e573d0a3f7d764ba5a0","project_id":"prj36e56fbec442ea80abc09","org_id":"org25a4efd179c5b5ba55d6e","content":{"name_ba03fa":"Clare Stark","submission_5bfc8c":"fil3954c693a21ad6d128095","name-of-organisa_9974be":"Origin Energy"},"is_topic":false,"title":null,"count_replies":0,"closed":false,"reply_to_id":null,"last_activity":null,"reactions":{},"_files":{"fil3954c693a21ad6d128095":{"id":"fil3954c693a21ad6d128095","bucket":"files-au-climate","remote_path":"cca/p/prj36e56fbec442ea80abc09/submission/spc36e573d0a3f7d764ba5a0/Origin_Energy.a747aed0.pdf","url":"https://storage.googleapis.com/files-au-climate/cca/p/prj36e56fbec442ea80abc09/submission/spc36e573d0a3f7d764ba5a0/Origin_Energy.a747aed0.pdf","filename":"Origin Energy.pdf","transcribed":"1 September 2025\n\nClimate Change Authority\n\nSubmitted online: consult.climatechangeauthority.gov.au\n\n2025 Annual Progress Report – Issues Paper\n\nOrigin Energy Limited (Origin) welcomes the opportunity to provide comments on the Climate Change\nAuthority’s (CCA) 2025 Annual Progress Report to inform the Minister’s 4 th Annual Climate Change\nStatement to Parliament.\n\nOrigin has a long-term ambition to achieve net zero Scope 1, 2 and 3 emissions by 2050. But achieving net zero will likely to be a non-linear path. The most difficult part of this journey still lies ahead and will require significant action, policy certainty, and coordination by governments, the private sector and the public. We support regularly reviewing progress, policies and mechanisms to ensure a science-backed approach that reflects changes to technological, regulatory and market conditions, as well as expert advice from bodies such as the Intergovernmental Panel on Climate Change (IPCC).\n\nWe continue to play our role by working to execute our ambition to lead the energy transition through cleaner energy and customer solutions. This will require a disciplined, customer-focused approach to balance emissions reductions with security, reliability and affordability of energy supply through this transition. Long-term stability of policy settings and well-designed market, regulatory and policy reforms across all levels of government must also support coordination of efforts to reduce emissions.\n\nWe offer the following considerations for the 2025 Annual Progress Review:\n\n▪ Governments have an important role to play in establishing the targets and objectives to guide\nand align efforts to reduce emissions. Enshrining the net zero by 2050 target in legislation and\nrefining supporting policies like the Safeguard Mechanism have been important steps towards\nthis. But an efficient, effective pathway will require governments to clarify objectives, coordinate\npolicies, and remove duplication and we expect the Commonwealth’s Net Zero Plan to provide a\nframework to help deliver these outcomes. The Productivity Commission’s (PC) proposal for a\nnational carbon value to be agreed by governments to assess the cost effectiveness of reforms\nwould support this alignment of policy and regulatory reforms within and across governments.1\n\n▪ The energy sector has a key role to play in the transition to net zero – both as a source of\nemissions and an enabler of decarbonisation in other sectors. There are many challenges still to\nbe overcome to deploy the energy infrastructure required to deliver the transition to net zero. But\nthere are also many reforms already underway to address these challenges. For example, the\nCommonwealth committed to deliver the Environment Protection and Biodiversity Conservation\n(EPBC) Act reforms to streamline planning and approvals processes in the next 18 months. The\nNEM wholesale Market Settings Review will provide recommendations later this year to\nencourage investment in technologies to provide bulk energy, shaping and firming services. The\nCommonwealth has also committed $250 million to accelerate low carbon liquid fuels (LCLF) to\nsupport broader energy decarbonisation.\n\n1\nProductivity Commission, ‘Investing in cheaper, cleaner energy and the net zero transformation interim report’, August 2025\n\nPage 1 of 2\n\nOrigin Energy Limited ABN 30 000 051 696 • Level 32, Tower 1, 100 Barangaroo Avenue, Barangaroo NSW 2000\nGPO Box 5376, Barangaroo NSW 2000 • Telephone (02) 8345 5000 • Facsimile (02) 9252 9244 • www.originenergy.com.au\n▪ The Safeguard Mechanism clarifies how major emitters are expected to contribute to achieving\nnet zero by 2050, with recent reforms aligning facility targets with national emissions reduction\ntargets. But it is likely many businesses are still determining and progressing further significant\ninvestments to deliver enduring emissions reductions beyond those delivered through broader\nimprovements to operational efficiency as these reforms have only been in effect for a year. Also,\nachieving emissions reductions will not be linear so mechanisms to provide flexibility are required\nto ensure even hard to abate sectors can contribute to delivering net reductions in emissions.\nThis includes access to offsets, such as the Australian Carbon Credit Unit scheme (ACCUs), with\nthe PC emphasising access to “high integrity” ACCUs is critical for a least cost transition.\n\nPursuing further changes before these existing and planned reforms have been embedded will create policy uncertainty that may chill investment and delay the associated enduring reductions in emissions.\nIt is also important to consider the evidence provided through implementation and operation of these reforms to ensure any changes considered can be effective, targeted and deliver net benefits. This would also help avoid introducing additional cost, complexity and challenges which can further impede the multi-decade investments required.\n\nSequencing and streamlining these reforms will also help keep customers engaged and contributing to achieving the objectives of these reforms. Continuous, complex changes to the frameworks intended to support consumer decarbonisation commitments risk undermining their engagement and the realisation of benefits from these reforms.\n\nThe CCA could focus on providing complementary analysis on emissions reductions, as well as adaptation and mitigation requirements. For example, the CCA could consider the UK Climate Change\nCommittee’s consultations and research to develop further indicators to monitor and communicate progress. This focus would help achieve the CCA’s stated ambition to continue to refine its use of leading indicators that show where emissions are heading and where progress is lagging, as well as to present these indicators in a way that is meaningful and accessible for all.\n\nIf you wish to discuss any aspect of this submission further, please contact Shaun Cole at shaun.cole@originenergy.com.au or on 03 8665 7366.\n\nYours Sincerely,\n\nShaun Cole\nGroup Manager, Regulatory Policy\n\nPage 2 of 2","size":109768,"redacted":[],"meta":{"name":"Origin_Energy.a747aed0.pdf","local_path":"files/psKRcUwrczls5wamHxw8CPK0.pdf"},"config":{}}}}}