Emissions Reduction Fund Green Paper
The Australian Government Department of Environment launched its Emission Reduction Fund Green Paper for comment in December. Chances to provide Submissions are soon to close on the 21st of February. The Green Paper includes an acknowledgement by the Australian Government of the science of climate change and provides support for national and global efforts to reduce greenhouse gas (GHG) emissions.
The Government has committed to reduce greenhouse gas emissions to 5 per cent below 2000 levels by 2020 and to review Australia's position in 2015 consistent with global negotiations. The Government will introduce a mix of polices to promote the adoption of better practices and technology that will allow Australia to enjoy the benefits of economic growth without a rise in GHG's.