Energy Law and the Environment Part 9

Tham khảo tài liệu 'energy law and the environment part 9', văn bản luật, tài nguyên - môi trường phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | A SUSTAINABLE ENERGY LAW FUTURE 193 combustion related and other readily estimated and attributed emissions such as gas leakage from gas pipelines and emissions from chemically stable manufacturing processes covering around 65 to 70 of Australia s emissions output would represent the foundation for a simple workable and efficient trading system simple phasing options that promote flexibility and adjustment within the economy while delivering a modest and consistent emission price that would contribute to national greenhouse objectives there is likely to be a need for supplementary measures that address market impediments promote incentives for abatement and innovation once accepted an emissions trading system could be introduced within to 3 years a possible approach to permit allocation could be as follows a tailored approach to permit allocation possibly involving a process of intensive analysis and negotiation could be adopted for large individual players with a high greenhouse exposure and few opportunities to absorb or pass on costs for less affected entities a more generic allocation may be appropriate -such asa permit auctioning arrangement with revenue recycled through adjustment assistance or tax relief recent modelling analysis commissioned by the Commonwealth suggests that the carbon price of a domestic system would be comparable with an international carbon price in the range of 7-13 per tonne of carbon dioxide for the 2008-12 period possible features to help trade exposed industries on a path towards lower greenhouse emissions without threatening their competitiveness are as follows subsidising affected industries to restore their trade competitiveness exempting affected industries from carbon costs in line with their trade exposure making a permit allocation to affected industries to compensate them for additional competitive pressures for imports implementing border adjustment arrangements aimed at providing equivalent carbon treatment for imports

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