Introduction
The Federal government has confirmed that a carbon price will be
imposed on the Australian transport sector, extending to domestic
aviation, domestic shipping, rail and heavy road transport. It is
critical to note that these sectors will not be covered by the
proposed carbon pricing mechanism (the Mechanism),
but rather an "effective carbon price" will be imposed by
complementary adjustments to the taxation of transport fuels as
outlined in the broader package.
This briefing provides the key details of the Government's
proposed Securing a Clean Energy Future package (the
Package), announced by the Australian Government on 10
July 2011, that are relevant to the transport sector. We also
examine the key issues and implications for our aviation and
shipping clients.
