HHH Holdings is dedicated to provide consumers energy efficient solutions to reduce greenhouse gas emission by the use of environmental friendly products, such as energy saving light bulbs and water saving shower heads .HHH Holdings established in March 2008 to provide superior quality, best services to help creating and sustaining a better and clear environment.
We have been working in conjunction with Green alliance to assist NSW Government to reduce greenhouse gas emission associated with production of electricity. We created Large number of NSW Greenhouse Gas Reduction Certificate (NGAC) through free installation of large no of compact fluorescent light bulb (CFL’s) and water efficient showerheads. Our offer include FREE environmental assessment and installation of energy saving products at all premises (Residential, Commercial and Government Agencies).
NSW Government commenced world’s first mandatory greenhouse gas emission trading scheme on 1st January 2003 with an Aim to reduce greenhouse gas emission associated with the production and use of electricity. GGAS established annual statewide targets to achieve their objective to reduce greenhouse gas emission, they achieved these targets by using project based activities.
GGAS established annual statewide greenhouse gas reduction targets, and then requires individual electricity retailers and certain other parties who buy or sell electricity in NSW to meet mandatory benchmarks based on the size of their share of the electricity market. If these parties, known as benchmark participants, fail to meet their benchmarks, then a penalty is assigned . Monitoring the performance of benchmark participants is undertaken by the Independent Pricing and Regulatory Tribunal of NSW(IPART) in its role as Compliance Regulator.
Assessing abatement projects, accrediting parties to undertake eligible projects and then create certificates, and monitoring compliance with GGAS is the responsibility of the Scheme Administrator, currently IPART. The Scheme Administrator also manages the Greenhouse Registry which records the registration and transfer of certificates created from Abatement projects.