The Australian Government has introduced the Guarantee of Origin (GO) scheme, a voluntary framework to support businesses and exporters in tapping into the demand for renewable electricity. The scheme aims to provide emissions accounting and certification of renewable electricity for products, offering transparency for consumers and access to low-emissions markets for Australian producers. The Clean Energy Regulator will administer the scheme, certifying emissions of products like hydrogen and green metals, as well as renewable electricity, providing regulatory certainty for businesses and investors to increase Australia's share in the global clean energy market. Additionally, initiatives such as the Hydrogen HeadStart program, Hydrogen Production Tax Incentive, and Green Aluminium Production Credit are being launched to support the energy transition, showcasing how products are made and their life cycle emissions to compete in a decarbonizing global economy and attract investment in Australia.
https://www.power-technology.com/news/australia-introduces-guarantee-of-origin-scheme/