NEWS
Carbon Pollution Reduction Scheme (CPRS)
Added: 18 August, 2009Download the PDF
The Government is strongly committed to reducing Australia’s carbon pollution. The Carbon Pollution Reduction Scheme (CPRS) is the main driver to achieve this important environmental goal. When it commences on 1 July 2011, it will guarantee that Australia meets its expanded emissions reductions of as much as 25 per cent of 2000 levels by 2020.
As a market-based solution, the Scheme is the lowest cost way to reduce emissions. A range of measures will be put in place to assist business and households to adjust to the carbon price. It will protect the jobs of today while encouraging the jobs of the future. These measures will include Emission–Intensive, Trade–Exposed assistance, the Electricity Sector Adjustment Scheme and the Climate Change Action Fund.