Carbon Pollution Reduction Scheme Bill 2009 and related bills [Provisions]

Carbon Pollution Reduction Scheme Bill 2009 and related bills [Provisions]

15 June 2009

© Commonwealth of Australia 2009
ISBN 978-1-74229-108-6

View the report as a single document - (PDF 656KB)

View the report as separate downloadable parts:

Membership of Committee (PDF 50KB)
Chapter 1 - Introduction and conduct of the inquiry (PDF 41KB)

The Carbon Pollution Reduction Scheme
The Economics Committee inquiry
The Government's response to comments about the CPRS
The conduct of the current inquiry
Structure of the report

Chapter 2 - The higher conditional target (PDF 41KB)

The higher target
The conditions for the 25 per cent reduction
Reflecting the targets in annual caps
The lower targets

Chapter 3 - Response to business concerns (PDF 149KB)

EITE assistance and the global recession buffer
Changes to rules on landfill
The Energy Efficiency Trust
Other changes to the legislation affecting business

Chapter 4 - Voluntary action (PDF 46KB)

Accounting for voluntary action in setting the cap
Buying and retiring permits
How else can households' voluntary actions count?
Energy Efficiency Savings Pledge Fund
Supporting voluntary action through GreenPower
Recognising other voluntary actions

Chapter 5 - Deferral of operation (PDF 96KB)

The global financial crisis and the delayed start
Business certainty and timing of the legislation
The transitional fixed-price year

Chapter 6 - Conclusions (PDF 47KB)

The global challenge of climate change
Australia's role in limiting climate change
The costs of acting or not acting
The employment implications of the CPRS
The implications of not passing the CPRS

Coalition dissenting report on the CPRS changes with additional comments by Senator Joyce, Leader of the Nationals in the Senate on behalf of the National Party (PDF 68KB)

Global industries
Flaws in government CPRS
Changes to the CPRS announced 4 May 2009
Productivity Commission
Pearce Review
Senate Select Committee on Fuel and Energy
Proposed amendments to the CPRS legislation
Low income groups

Minority Report by Senator Nick Xenophon (PDF 158KB)

Background: nature of the problem that we are trying to solve
What are the policy issues that should govern the design of a carbon pollution reduction programme?
Critique of the CPRS and government approach
Commentary on the complexity of the CPRS
Alternative approaches – an intensity-based approach
Reduction, Adaptation & Mitigation
Concluding observations

APPENDIX 1 - Submissions Received (PDF 14KB)
Additional Information Received
APPENDIX 2 - Public Hearing and Witnesses (PDF 8KB)

For further information, contact:

Committee Secretary
Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
Fax: +61 2 6277 5719