Australian Carbon Price Policy

Introduction

On 10 July 2011, the Australian Government released its Clean Energy Future Plan.

A key component of the plan is the introduction of a carbon price, progressing from a fixed price/unlimited quantity of permits in the first three years to fixed quantity/flexible price (with floor and ceiling) afterwards. There are currently no price floors and ceilings after 2018.

 

Australia's Carbon Pricing Policy - What does it mean for New Zealand Business?

Frazer Lindstrom and Castalia Strategic Advisors answer this question in a report to Business New Zealand.

 

 

This is the latest in a history of attempts to introduce a carbon price into the Australian economy. It replaces the formerly proposed Carbon Pollution Reduction Scheme (CPRS) that was shelved in April 2010. The overarching CEFP also incorporates a raft of direct measures and specific support policies (such as funding for clean energy projects) alongside the carbon price. In this respect, the Australian approach is fundamentally different to the New Zealand model, where substantial direct supports are generally unavailable.

 

Our Services - Comparative Analysis of New Zealand and Australian Schemes

We are currently carrying out detailed analysis of the comparative impacts of the new Australian policy and the NZ ETS for a number of clients.

Find out how your firm may be impacted by engaging us to analyse your business and its competitors.

Learn More