Carbon Insights

19 December 2008

Welcome to the final edition (we think!) of Carbon Insights for 2008. In this edition we delve a little deeper into the White Paper and look at what it means for:

acquittal liability
emissions intensive trade exposed industry
the interaction of penalty and price cap provisions
transport
the waste sector; and
the forestry sector.

We also see what the Government is suggesting as the process for qualifying as an Emissions Intensive Trade Exposed Industry.

As this busy and challenging year draws to a close, we wish you and your loved ones a relaxing and joyful holiday season, and a happy new year.

Acquittal liability? Look to financial control

By Brad Wylynko and Fleur Newman.

The increased flexibility in allocating acquittal liability in corporate groups is a significant change from the Green Paper, as Brad Wylynko and Fleur Newman report.

Process for qualifying as an Emissions Intensive Trade Exposed Industry (EITE)

By Claire Smith.

The Government has released more details on the changes in the EITE assistance program. Claire Smith looks at what must be done by entities wishing to qualify for EITE assistance.

Penalties and price caps: How do they work together?

By Graeme Dennis.

Graeme Dennis explains how the penalty and price cap provisions interact.

How does the White Paper affect the transport sector?

By Peter Briggs and Claire Smith.

Although the transport sector will enjoy some respite from the full effects of the CPRS, it should start preparing for possible limits to the fuel tax cut and the fuel credits, warn Peter Briggs and Claire Smith.