Apr 25, 2025
1 min read
Major Facility Emissions: Multi-Year Monitoring Period (MYMP)
The Safeguard Mechanism sets legislated emissions limits—called baselines—for Australia’s largest emitters. In general, baselines are calculated by multiplying a facility’s output by an emissions-intensity factor and fall by 4.9% annually. (Read more: DCCEEW)
One exception is multi-year monitoring periods (MYMPs). Companies with excess emissions and a plan to cut them over time can apply for an MYMP, which allows their baseline to be averaged over several years.
- MYMPs extend the baseline across up to five years, giving the facility more time to complete emissions reduction projects.
- During the MYMP, a facility may exceed its annual baseline without penalty. Offsets and credits are assessed at the end of the full period.
OnlyFacts reports annual emissions and baselines. MYMP facilities may appear to exceed their baseline each year, but aren’t eligible for credits—or required to surrender them—until the MYMP ends.
Here are the facilities with MYMPs in the 2023–24 update:
- Carborough Downs Coal Mine (Fitzroy (Cq) Pty Ltd)
- Carosue Dam Operations (Northern Star (Carosue Dam) Pty Ltd)
- Cowal Operations (Evolution Mining (Cowal) Pty Limited)
- Drake Mine (Drake Mine Management Pty Ltd)
- Mobil Altona Refinery (Mobil Refining Australia Pty Ltd)
- Mt Keith Power Station (TEC Desert Pty Ltd)
- Nkw01 Nickel West Kwinana Facility (BHP Nickel West Pty Ltd)
- Pacific National National Transport Facility (Pacific National Pty Ltd)
- Sojitz Gregory Crinum Mine (Sojitz Development Pty Ltd)
- South Walker Creek (Stanmore Resources Limited(
- Mcarthur River Mine Operations (Mcarthur River Mining Pty Ltd)
- Dbngp (Wa) (Transmission Pty Limited)
- Yarwun Nitrates (Orica Australia Pty Ltd)
- Batchfire Resources No.1 (Batchfire Resources Pty Ltd)
- Christmas Creek Mine (Chichester Metals Pty Ltd)
- Curragh Mine (Coronado Australia Holdings Pty Ltd)
- Eliwana Mine (FMG Solomon Pty Ltd)
- Savage River Mine (Grange Resources (Tasmania) Pty Ltd)
The Clean Energy Regulator reports on MYMP facilities here.