The Australian Government’s Carbon Tax (moving toward an Emissions Trading Scheme a few years later) presents both opportunities and risks for organisations.
Companies that are well prepared, understand the cost increases and their effect on businesses and consumers will stand to benefit.
The Government has laid out a plan to move to a clean energy future through:
• introducing a carbon price
• promoting innovation and investment in renewable energy
• encouraging energy efficiency
• creating opportunities in the land sector to cut pollution.
Around 500 large polluters will be required to pay for their emissions intensity through a carbon tax. They account for more than 60 per cent of Australia’s climate change impact. Most Australian businesses that will be liable under the carbon pricing mechanism are businesses that already have reporting obligations under the NGER Act. Read more about CRI’s NGER compliance service here
If your organisation falls under the ‘high energy users’ category, or is directly affected by one of these companies, CRI can assist you in developing a carbon management plan which will mitigate the risks a carbon price presents.
All consumers and businesses are likely to be affected by the carbon tax as the high energy users pass on the cost of the tax down the chain. If you need assistance in determining what your risks and opportunities might be under the carbon tax, contact us now
Read our Carbon Tax Cheat Sheet here
Read about Voluntary Carbon Offsetting versus The Carbon Tax here