ARTICLE · 05 JANUARY 2010

Government assistance for emission-intensive, trade-exposed industries

Clayton Utz

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Although the EITE scheme is part of the CPRS Scheme which is yet to be passed by Parliament, EITE industries should be getting ready now.

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The Government recently released further details of assistance to emissions-intensive, trade-exposed (EITE) industries under the proposed Carbon Pollution Reduction Scheme and the increased Renewable Energy Target.

The release of draft regulations for EITE assistance is an indication of the Government's commitment to implementing the Carbon Pollution Reduction Scheme (CPRS), despite the bills for the scheme having twice been rejected by the Senate. The increased Renewable Energy Target (RET) was passed by Parliament in August 2009, including provisions for EITE assistance, but details of that assistance are only now being released for comment.

What are EITE industries?

The draft regulations expands the number of EITE activities from a list released earlier in 2009. Activities proposed to receive assistance are:

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