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Tag Archives: emissions trading
FAQ: The Clean Energy Legislation
What is the Carbon Pricing Mechanism? The Carbon Pricing Mechanism (CPM) is a mechanism by which businesses pay a charge for each tonne of carbon pollution they emit each year. The following industries will be covered by the CPM: Stationary … Continue reading
Posted in Business, Law, Superannuation, Technology
Tagged carbon tax, emissions trading
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Emissions trading – Govt green paper issued
The Govermnet has released a green paper in which it proposes a cap and trade scheme and commits to reducing Australia’s greenhouse gas emissions by 60% below 2000 levels by 2050. At the heart of the Scheme is emissions trading, … Continue reading
Posted in Business, Law, Tax
Tagged emissions trading, greenhouse gas, greenhouse gases, kyoto
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How emissions trading works
An emission trading scheme typically works in this way: The government sets emission reduction targets in line with their protocol and other commitments. Businesses in sectors covered by the emissions trading scheme, whose greenhouse gas emissions are above a threshold, … Continue reading