Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword or section
Like this
3Activity
0 of .
Results for:
No results containing your search query
P. 1
Emissions Reduction Fund White Paper

Emissions Reduction Fund White Paper

Ratings: (0)|Views: 421 |Likes:
Published by www.rtcc.org
Emissions Reduction Fund White Paper
Emissions Reduction Fund White Paper

More info:

Categories:Types, Legal forms
Published by: www.rtcc.org on Apr 24, 2014
Copyright:Traditional Copyright: All rights reserved

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

08/29/2014

pdf

text

original

 
EmissionsReductionFundWhitePaper
April2014
 
 
Disclaimer
 Whilereasonableeffortshavebeenmadetoensurethatthecontentsofthispublicationarefactuallycorrect,the Commonwealthdoesnotacceptresponsibilityfortheaccuracyorcompletenessofthecontents,andshallnotbeliableforanylossordamagethatmaybeoccasioneddirectlyorindirectlythroughtheuseof,orrelianceon,thecontentsofthispublication.©CopyrightCommonwealthofAustralia,2014.ISBN978-1-921733-95-6TeEmissionsReductionFundWhitePaperislicensedbytheCommonwealthofAustraliaforuseunderaCreativeCommonsByAttribution3.0AustralialicencewiththeexceptionoftheCoatofArmsoftheCommonwealthofAustralia,thelogooftheagencyresponsibleforpublishingthereport, content supplied by thirdparties,andanyimagesdepictingpeople.Forlicenceconditionssee:http://creativecommons.org/licenses/by/3.0/au/Tisreportshouldbeattributedas‘EmissionsReductionFundWhitePaper,CommonwealthofAustralia2014’.TeCommonwealthofAustraliahasmadeallreasonableeffortstoidentifycontentsuppliedbythirdpartiesusingthefollowingformat‘©Copyright,[nameofthirdparty]’.
 
 
Minister’sforeword 
TeGovernmentiscommittedtopracticalactionsthatwillachievereal,measurableresultsfortheenvironment.TeEmissionsReductionFundisacentralcomponentoftheGovernment’sDirectActionPlan.Workinginpartnershipwithbusiness,wewillachieveacleanerenvironmentwhileimprovingbusinesscompetitiveness.Tese twogoalsgohandinhand.TeAustralianGovernmentacceptsthescienceofclimatechangeandisfirmlycommittedtoreducing Australias emissionstomeetitstargetoffive per centbelow2000 levelsby2020.TeGovernmentbelievesthereisabetterwaytoreduceemissionsthanbyimposingataxthatincreasesenergy costsforbusinessesandhouseholds.TatiswhytheGovernmentisrepealingthecarbontaxandreplacingitwiththeEmissionsReductionFund.RatherthanincreasingpricesanderodingAustraliascompetitiveadvantage,theEmissionsReductionFundsincentive-basedapproachwillsupportAustralianbusinessestolowertheirenergycostsandincreasetheirproductivity,whileatthesametimereducingAustralia’semissions.IntheGreenPaper,theGovernmentsetoutaninitialcommitmentof$1.55billiontotheEmissionsReductionFund.TeGovernmentwillextendthiscommitmentto$2.55billion,withfurtherfundingtobeconsideredinfuturebudgets.TesefundswillbeallocatedflexiblyovertimeaccordingtotheprofileofprojectscontractedundertheEmissionsReductionFund.Tisisasignificantinvestment,andshowstheGovernment’sresolveto assistbusinessestolowertheirenergycosts,restorecompetitivenessandreduceAustraliasemissions.TefinaldesignoftheEmissionsReductionFundispresentedinthisWhitePaper,andreflectsextensive feedback fromthecommunityandbusiness.Iwouldliketoextendmythankstothemorethan300 organisations,businessesandindividuals,andespeciallytheEmissionsReductionFundExpertReference Group,whohavetakenthetimetocontributetheirexpertiseandideasonthedesignoftheEmissions ReductionFund.IlookforwardtocontinuingtoworkwithbusinessandthecommunityaswemovetoimplementtheEmissionsReductionFund.Ourobjectiveistoconserveournaturalenvironmentwhileensuringstrongeconomicgrowth.
Greg Hunt
MinisterfortheEnvironment
i

Activity (3)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->