Tuesday, 13 May 2014

The Impact of Emissions Trading Scheme on Business in Australia

The Australian emissions trading scheme with the European Union Emissions Trading System (EU ETS) will produce the world’s largest carbon market and be a major driver of the global transition to a low carbon economy.

It will provide Australian liable entities with immediate access to an expanded range of credible international units and offers an opportunity to reduce emissions costs by broadening the pool of abatement options. Linking also simplifies compliance obligations for multinational companies that face carbon liabilities in Australia and Europe.

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