Tuesday, April 18, 2006
Australia likely to get trading scheme by 2010
2010 is the likely start date for an emissions trading scheme for Australia, reports
Environmental Finance online news. "Outlining progress by Australian states and territories on a possible trading regime, Inter-Jurisdictional Emissions Trading Group project manager Anthea Harris said start-up in 2010 would provide plenty of time for consultation 'on every last detail' before scheme commencement," says the report.
Anthea Harris is Project Manager for the Inter-Jurisdictional Emissions Trading Group.Her comments were made at a climate conference in Adelaide in February.
The Government's position is that "there is no particular reason why we need to put the clamps on immediately for immediate short-term reductions," as Australia is set to meet its Kyoto targets. A green paper on a proposed trading scheme will be released at the end of June.
Australia's federal environment minister Ian Campbell said had an "open mind" on trading, but he was concerned Australia would be too small a market for an effective and efficient scheme to operate. He was leaving it to the states and territories to do the running on the issue.
Environmental Finance online news. "Outlining progress by Australian states and territories on a possible trading regime, Inter-Jurisdictional Emissions Trading Group project manager Anthea Harris said start-up in 2010 would provide plenty of time for consultation 'on every last detail' before scheme commencement," says the report.
Anthea Harris is Project Manager for the Inter-Jurisdictional Emissions Trading Group.Her comments were made at a climate conference in Adelaide in February.The Government's position is that "there is no particular reason why we need to put the clamps on immediately for immediate short-term reductions," as Australia is set to meet its Kyoto targets. A green paper on a proposed trading scheme will be released at the end of June.
Australia's federal environment minister Ian Campbell said had an "open mind" on trading, but he was concerned Australia would be too small a market for an effective and efficient scheme to operate. He was leaving it to the states and territories to do the running on the issue.
