|
Australia is accelerating its legislative programme to reduce carbon emissions and untroduce a carbon trading scheme. This is the timeline to the commencement of the trading scheme
July 16 - Climate Change Minister Penny Wong releases green paper on policy options for carbon trading.
September - Final Garnaut report due by Sept. 30.
October - Treasury modelling on the economic impact of carbon trading to be sent to government.
December - Public release of draft legislation. Government expected to announce emissions target for 2020.
2009 March to July - Carbon emissions laws considered by parliament.
- Ongoing consultation on carbon trading regulations. New laws to come into force in third quarter, 2009, and regulator to be established.
2010 July 1 - Carbon trading to start.
Also go to http://www.planetark.com/dailynewsstory.cfm/newsid/49398/story.htm
|