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ARTICLE · 20 MAY 2009

Parliament Considers Carbon Pollution Reduction Scheme Bill

DLA Piper Australia
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The Carbon Pollution Reduction Scheme Bill 2009 (Cth) was introduced into Parliament last week.

AustraliaEnergy and Natural Resources

Article by Charmian Barton and Alicia Chryssochoides

The Carbon Pollution Reduction Scheme Bill 2009 (Cth) (Bill) was introduced into Parliament last week. The Bill includes a package of new measures for the Carbon Pollution Reduction Scheme (CPRS) that the Federal Government announced on 4 May 2009 following consultation with business, environmental advocates and the community.

The key aspects of the CPRS and its cap-and-trade operation have not been altered since the draft legislation was released for public comment on 10 March 2009. However, there are a number of significant changes in the new package which are outlined below. The changes are intended to help the Australian economy recover from the global recession while strengthening Australia's 2020 carbon pollution reduction target.

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