The Albanese Labor Government in Australia is set to launch a new high-integrity certificate scheme called the Guarantee of Origin (GO) to support renewable energy investment. This scheme, overseen by the independent Clean Energy Regulator, aims to authenticate low-emissions products by tracking and verifying emissions throughout their lifecycle. It will generate certificates that provide detailed information on the production of renewable electricity in Australia, ensuring transparency and credibility in the market. The GO scheme is a crucial component of the $22.7 billion Future Made in Australia package, with a focus on fostering the growth of green industries and supporting renewable energy initiatives. Additionally, it will play a key role in enabling eligibility for the $6.7 billion Hydrogen Production Tax Incentive, essential for expanding renewable hydrogen production across the country. Assistant Federal Minister for Climate Change and Energy, Josh Wilson, emphasized that the GO scheme will unlock significant investments in Australia's net zero industries, allowing businesses to showcase their low-emissions products effectively. By aligning with international standards, the scheme aims to enhance Australia's competitiveness in clean energy markets, both domestically and globally, ultimately leading to increased exports and job creation. The scheme has undergone thorough consultations with various stakeholders, including industry representatives, businesses, and state and territory governments, since its inception in 2020. Overall, the GO Scheme is poised to drive economic growth, promote sustainable practices, and solidify Australia's position as a renewable energy leader.