Focus: Impacts of the price on carbon on
leasing transactions
Services:
Property & Projects
Industry Focus:
Property
The price on carbon is coming in July. Although landlords and
tenants are not likely to be directly affected, there is certainly
a possibility that the price on carbon will indirectly impact
leasing transactions, primarily through increased utilities costs.
The question remains whether this will emphasise and reinforce the
focus on environmental initiatives and improving energy
efficiencies in leasing transactions.
The carbon pricing regime is often referred to in political
debate or media comment as the "carbon tax". However, in
the interests of maintaining neutrality, this alert adopts the
language used in the legislation, being the "carbon pricing
mechanism" (abbreviated to CPM).
