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The Australian HFC quota system encompasses only those parties which are bulk importers of gas. Import quota is made available as Grandfathered (incumbent) and Non-Grandfathered (new entrant) quota. Equipment importers are not subject to a quota allowance, but must hold an Equipment License from the Department of Climate Change, Energy, the Environment and Water (DCCEEW).
Available in: AU
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(Non) Grandfathered Quotas
Several factors drive companies to purchase HFC import quotas.
To meet demand
Firstly, these quotas are essential for companies that rely on the import of HFC refrigerants to meet the demand for refrigeration and air conditioning equipment. Many businesses depend on these gases to manufacture, service, or maintain cooling systems. By securing an HFC import quota, companies can ensure a consistent supply of refrigerants and prevent disruptions in their operations.
Environmental regulations
HFC import quotas are critical for companies operating in regions where environmental regulations restrict the use of high-GWP refrigerants. By purchasing quotas, businesses can continue to serve customers who require refrigeration or air conditioning services while adhering to legal requirements. This not only helps them maintain their existing customer base but also positions them as environmentally responsible businesses.
Changing market
As companies transition to lower-GWP alternatives, HFC import quotas can facilitate a gradual shift, giving companies the time and flexibility to adapt to changing market demands and regulations.
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Authorization & Delegation
Quota Authorizations refer to the permits or licenses that authorize a company to buy and sell refrigerant quotas and allowances.
HFC Allowances
HFC Allowances are a crucial component of environmental regulations aimed at controlling the emissions of high-GWP refrigerants.
Incumbent Quota
The EU F-Gas quota system limits F-Gas production and imports, reducing quotas every three years to phase down emissions and combat climate change.
