Climate change expenditure review 2022–23

We are reviewing whether we need to refine our regulatory approaches, given the climate change risks and opportunities that now confront businesses we regulate.

We have published a draft position paper. It covers spending on both adapting to climate change and mitigating greenhouse emissions. The paper sets out our preliminary positions on how our existing regulatory approaches can be applied to considering spending proposals from regulated businesses.

We are open to considering climate related proposals from regulated businesses on their merits. We encourage regulated businesses pursuing climate strategies to agree them with their customers, and to bring us business cases that support those strategies. We will approve spending that is prudent and efficient.

The draft position paper reflects stakeholders’ comments on a discussion paper we published in October 2022.

Our draft position paper and discussion paper, and the stakeholder submissions, are available to download below.

We invite further comments from stakeholders on our draft position paper. Those comments are due by 23 June 2023. We will then produce a final position paper.

Stakeholder forum 15 May

We will be holding a forum on our draft position paper on 15 May 2023 from 2 pm to 4 pm. Members of the QCA Board as well as staff will attend.

The forum will be a hybrid event. Attendees can participate in person at our office at 145 Ann Street, Brisbane, or via Zoom.

We ask that parties who would like to participate in the forum register no later than Friday, 5 May. For further details, see our stakeholder notice.

Reports and papers