IHS Chemical Week

Australia Plans Carbon Tax for Largest Emitters

2:37 PM MDT | July 19, 2011 | Alex Scott

Julia Gillard, Australia’s prime minister, has disclosed plans tax the country’s 500 largest emitters of carbon dioxide (CO2), including chemical and plastics producers, to the tune of A$23 ($25)/m.t. of CO2. The proposed system would run for a period without any trading of permits, after which the set price would be replaced by an emissions trading scheme featuring a market price. That plan is due to start up on July 1, 2012.   According to the proposals, chemical and plastics manufacturers are set to receive 66% of their emissions permits for...


If you have already signed up for access to Chemical Week Regulatory Watch, please log in here.


Username:
Password:


Forgot your user ID or password?
Click here to have it sent to you. 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa