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THE HON JOSH FRYDENBERG MP
Minister for Resources, Energy and Northern Australia
THE HON GREG HUNT MP
Minister for the Environment
The Government welcomes the release of an independent review into the Commercial Building Disclosure CBD programme, which seeks to drive energy efficiency improvements in the commercial office sector.
The CBD programme is an important component of the National Energy Productivity Plan NEPP, as commercial buildings account for roughly 10 per cent of Australia’s energy consumption.
“The review notes the effectiveness of the CBD programme in encouraging better energy efficiency at a minimal cost to industry and government. Through increasing energy efficiency in Australia’s large office buildings, the programme has delivered 44 million in benefits over the last four years,” Minister Frydenberg said.
The review identified two enhancements to the programme that will deliver benefits to consumers and reduce red tape
• Lowering the threshold for mandatory disclosure of energy efficiency information on buildings from 2,000 square metres to 1,000 square metres in order to capture smaller office buildings.
• Extending the length of time an office lighting assessment known as a Tenancy Lighting Assessment is valid from one to five years.
“The delivery of the programme, with the proposed enhancements, will deliver around 60 million of benefits to consumers through to 2019. Mandatory disclosure guidelines provide valuable information to consumers to encourage them to make informed choices about the energy efficiency of the buildings they buy and lease and, in turn, encourage building owners to invest in energy efficiency,” Minister Frydenberg said.
Including more buildings within the mandatory disclosure requirements will have make a solid contribution to reaching the Government’s target of increasing Australia’s energy productivity by 40 per cent by 2030.
“Buildings are estimated to account for around one quarter of Australia’s greenhouse gas emissions, mainly through electricity and gas use. Improving the efficiency of Australia’s buildings can lower costs for households and businesses, reduce fuel use and lower greenhouse gas emissions,” Minister Hunt said.
The successful mandatory Commercial Buildings Disclosure programme has delivered over two million tonnes of greenhouse gas savings between 2010 and 2014.
“The expansion of the CBD programme will help building managers better manage the electricity and gas costs and help the environment through reducing greenhouse gas emissions,” Minister Hunt said.
The Government will begin public consultation on this proposal this month. More information about the CBD programme and public consultation can be found on our website http//www.cbd.gov.au