Australian Government releases further details of its Direct Action Plan to reduce Australian greenhouse gas emissions.
The Australian Federal Government (Government) released a GreenPaper on Friday 20 December as part of its Direct Action Plan on climate change policy. The Green Paper outlines the Government’s preferred design for an Emissions Reduction Fund and invites further input from business and the community on the design elements outlined in the Green Paper by 21 February 2014, before a White Paper is released in ‘early’ 2014.
This Legal Insight summarises the Government’s preferred design and readers should assume that the Government is seeking input on all aspects of the design.
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