Australian government seeks carbon emissions compromise
-
14 years ago (2009-11-24)
-
David Flin
Africa
302
Asia
846
Australasia
51
Biomass
8
Climate change
20
Coal
273
Cogeneration
1
Concentrating solar
5
Cyber security
8
Decarbonisation
1
Decentralised energy
5
Demand side management
2
Demand side response
2
Digitalisation
10
Distributed energy
10
Distribution
107
Electric vehicles EVs
4
Emissions
57
Energy management
1
Equipment
2
Europe
1061
Gas
370
Gas engine plant
58
Gas fuel
1
Horizon
2
Hydroelectric
17
Hydrogen
52
Hydropower
110
Latin America
75
Maintenance
3
Marine
1
Metering
2
microgrid
5
Middle East
310
North America
996
Nuclear
639
Offshore wind
119
Oil
15
Operations
4
Policy
8
Regulations
3
Renewables
751
smart grid
2
Solar
242
Storage
37
substation
8
Tepco
2
Tidal
2
Toshiba
4
Transmission
181
US Senate Washington
4
Wind
239
The Australian government has faced opposition from within Parliament to its proposed carbon emissions trading laws. In an attempt to reach a deal, the government has agreed to at least double compensation to the coal and the electricity generation sectors.
The amendments to the proposal must win support from the opposition Liberal party if the law is to stand any chance of being passed.
Under the proposed changes, assistance to the coal industry would double to $1.4 billion, while electricity generators, which mainly burn brown coal, will be granted $7 billion worth of free permits over 10 years. Around $1 billion has been offered to assist manufacturing and mining industries handle the consequent higher prices of electricity.
’s Prime Minister, Kevin Rudd, has said that he wants the scheme passed into law before the
climate change summit. However, the scheme has been attacked by ’s Green party for not going far enough, and it has been attacked by the National party, which argues that it would place a massive tax on the business community. The Liberal party is split on the issue, and is the key to whether the proposals can be passed into law. The Liberal leadership support the scheme, but it receives less support from the membership of the party.
