3Object of this Act

3  Object of this Act

  The objects of this Act are to:

 (a) improve transparency and provide trusted information about renewable electricity and emissions associated with products, to enable producers and consumers to make credible claims about the production and use of renewable electricity and products; and

 (b) encourage decarbonisation and investment in Australian industry, and accelerate the commerciality of low emissions products; and

 (c) support the development of markets for renewable electricity and low emissions products; and

 (d) support the achievement of Australia’s greenhouse gas emissions reduction targets and the reduction of global greenhouse gas emissions in accordance with the Paris Agreement; and

 (e) give effect to certain obligations that Australia has as a party to the following:

 (i) the Climate Change Convention;

 (ii) the Kyoto Protocol;

 (iii) the Paris Agreement.