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The government also plans to cut fuel on a cent for cent basis to offset the initial price increase cause by the introduction of the scheme .The government plans to use every cent raised by the sale of pollution permits to help Australia households and business to adjust to the scheme.
Current Emissions Composition
Currently Energy constitutes 69...
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It estimates that there will be around 1,000 Australian companies compulsorily covered by the scheme (Green paper Carbon reduction scheme p14). The scheme would cover the stationary energy, transport, fugitive emissions, industrial processes, waste and forestry sectors and all six greenhouse gases covered by the Kyoto Protocol, via a combination of direct obligations on facilities with large emissions and obligations on upstream fuel suppliers for emissions resulting from the combustion of fuel (http://www...
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