World

Emissions Trading

Oh, brave new (carbon-constrained) world!

The next carefully wrapped iteration of the Federal Government’s Carbon Pollution Reduction Scheme is due in time for Christmas 2008. Kate Hennessy finds out the likely costs – and opportunities – for small businesses. Due for introduction in 2010, theFederal Government’s Carbon Pollution Reduction Scheme (CPRS) will not directly impact small businesses in Australia. Carbon caps will only be imposed on companies that produce more than 25,000 tonnes of carbon pollution each year – less than 1% of the 7.6 million registered businesses in Australia. As a result, big business has … more »

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