Description

There are around 500 companies liable for the carbon tax that was introduced in Australia in July 2011. The price on carbon is expected to lead to higher electricity prices, and companies in Australia are highly carbon dependent; hence, this is expected to create significant challenges. This research service introduces the carbon tax and the available subsidy grants and programs in place to smooth the transition to a low-carbon economy. It also includes analysis on the available opportunities to renewable energy and energy efficiency for suppliers given large subsidy programs and packages.