The package of Bills to, among other things, link Australia’s carbon pricing mechanism to overseas emissions trading schemes from 1 July 2015, and to remove the price floor for carbon units by removing the surrender charge on eligible international emissions units and the requirement for a minimum auction reserve price, have passed all stages and await Assent.
The Bills in question are: the Clean Energy Amendment (International Emissions Trading and Other Measures) Bill 2012, Clean Energy (Charges Excise) Amendment Bill 2012, Clean Energy (Charges Customs) Amendment Bill 2012, Excise Tariff Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Per-tonne Carbon Price Equivalent) Bill 2012 and Clean Energy (Unit Issue Charge Auctions) Amendment Bill 2012.
[LTN 230, 27/11]