Global Climate Change Action

Greens Propose:
Rather than locking‐in the weak targets proposed by the CPRS, potentially until 2026, the Greens propose a two year fixed carbon price at $20 per tonne, based on the Garnaut Review proposals, as an interim measure in the transition to a functional and effective emissions trading scheme.

This will provide $5 billion dividend for households and includes assistance to small business and emission intensive trade exposed industries.

Unlike the Government's CPRS, the proposal would result in a surplus of approximately $2.97 billion over the two years rather than a deficit of $849 million, which could be directed towards climate mitigation and adaptation infrastructure

read more:
http://bob-brown.greensmps.org.au/webfm_send/333