The Australian Senate voted November 8 to charge companies that emit large amounts of greenhouse gases a price for those emissions starting in July 2012. The carbon price legislation will become law once the governor-general completes the ceremonial step of granting royal assent, at which point facilities that emit 25,000 MT CO2e annually will have to purchase units to cover their emissions at a starting carbon price of about $23.
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.Register
If you have any questions about the service please contact email@example.com or call Lexology Customer Services on +44 20 7234 0606.
Australian carbon pricing
- Mintz Levin Cohn Ferris Glovsky and Popeo PC
- David Leiter, Sarah Litke and Daniel Phillips
- November 13 2011
If you are interested in submitting an article to Lexology, please contact Andrew Teague at firstname.lastname@example.org.
"Lexology is one of the few newsfeeds that I do actually look over as and when it comes in - the information is current; has good descriptive headings so I can see quickly what the articles relate to...
"Lexology is one of the few newsfeeds that I do actually look over as and when it comes in - the information is current; has good descriptive headings so I can see quickly what the articles relate to and is not too long."
Senior Legal Counsel, Bankwest Business
Bank of Western Australia Ltd