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As an electricity generator we use large quantities of fossil fuel. This makes the management of greenhouse emissions our most important sustainability challenge.
We, and the electricity generation industry as a whole, face a period of significant change and opportunity with the introduction of the Commonwealth Government’s Carbon Pollution Reduction Scheme in 2010.
Our electricity output meets the needs of an estimated three million homes, resulting in Delta having a potential carbon certificate liability in excess of 21 million units. We must adapt quickly to the new trading regime and we have begun preparation by modelling trading scenarios and developing policies and business systems to integrate carbon trading into our business once the scheme begins.
We are also developing a portfolio of low emission generation projects to reduce our greenhouse emissions. These projects include
- renewable energy plants
- gas peaking plants
- trialling the capture of carbon dioxide
- research into potential geological sites for carbon dioxide storage
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