About the ESI Working Group progress report
The ESI Working Group released a progress report (see Related documents) in August 2012 to update the Australian Government on the progress of work investigating the costs and benefits of a possible national ESI. It outlines the ESI Working Group's preliminary views on a range of issues relevant to a possible national ESI, including:
- an objective for a possible national scheme
- a proposed approach to complementarity with the carbon pricing mechanism, the Renewable Energy Target and the national energy markets
- sectoral and fuel coverage issues
- scheme architecture
- options within a national ESI for specifically targeting energy efficiency activities at low-income households or in ways that help reduce peak electricity demand.
The purpose of the progress report is not to present the ESI Working Group's final recommendations for a national scheme. Rather, this report narrows down options to underpin further cost-benefit analysis through the regulatory impact analysis to be undertaken in the second half of 2012.
National Energy Savings Initiative Working Group—Progress report