TITLE

TRANSFER OF CARBON LIABILITY UNDER THE PROPOSED CARBON POLLUTION REDUCTION SCHEME

AUTHOR(S)
Anderson, Grant
PUB. DATE
June 2010
SOURCE
Monash University Law Review;2010, Vol. 36 Issue 1, p304
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports that Australian emissions trading scheme be introduced as reflected on the scheme contemplated by the Carbon Pollution Reduction Scheme (CPRS) bill in Australia. It explains CPRS as a cap and trade scheme where cap consists of the government setting by regulations and aggregate number of tonnes of carbon dioxide equivalent of greenhouse gases covered by the CPRS. Meanwhile, it expounds that trade component is a mechanism whereby liable entities that value the Australian emissions units (AUEs) acquire AEUs to cover emissions.
ACCESSION #
58713264

 

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