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ARTICLE · 19 AUGUST 2014

Australian Federal Climate Change Action

Jones Day
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In order to pass the carbon repeal legislation, a number of concessions had to be agreed to by the government.

AustraliaEnvironment
Tony Wassaf
Tony Wassaf
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On July 17, 2014, the Australian federal parliament passed the Clean Energy Legislation (Carbon Tax Repeal) Act 2014, repealing the carbon tax legislation with effect, aside from a few transitional provisions, taking place retrospectively from July 1, 2014.

In order to pass the carbon repeal legislation, a number of concessions had to be agreed to by the government. Importantly, this included retaining the Renewable Energy Target of achieving 20 percent of energy in Australia to come from renewable sources by 2020 and ensuring that the Australian Renewable Energy Agency remained. The Australian Renewable Energy Agency was previously created to fund a variety of projects and programs for research and development of renewable energy in Australia.

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