ycan
A brief word on the carbon price
Thursday, 3 March 2011
By YCAN Convenor Pablo Brait (www.ycan.org.au)
The Multi-Party Climate Change Committee (MPCCC) made up of Labor, Greens and independents has just released the framework for a carbon price. There are very few details other than the starting date of 1 July 2012 and the notion that it will be a fixed price (essentially a carbon tax) for the first three to five years before shifting to a cap-and-trade scheme. Agriculture will be excluded but all other sectors are potentially included.
