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Australian Parliament passes Carbon Tax legislation
21
Oct '11
Cotton Australia has been closely following every stage as the Carbon Tax legislation passes through Parliament.

This remains a key policy area for Cotton Australia; we will continue to engage with policy makers and work with the NFF to ensure government receives clear messages about how this policy impacts on the agriculture sector. CA will also work with growers and the industry to understand what it means for them, and how CA can potentially manage impacts to ease pressure of additional costs, and what new funding programs could be accessed to support this.

On Wednesday 12 October, the Clean Energy legislative package passed through the House of Representatives. This is the legislation designed to implement the carbon tax policy (first announced in July this year), the way the carbon pricing will work and surrounding announcements around how the government will promote investment in renewable and clean energy technologies and action to reduce carbon pollution on the land.

The legislative Package needs to be passed through both Houses before it can be implemented and the legislation will now be introduced to the Senate. The Government aims to have the legislation passed through by the end of the year, to deliver on an ambitious timeline that plans to have a carbon price in place from July 2012.

Drafts of this legislation were released for public comment in August and Cotton Australia provided a submission to this, reiterating our concerns about the potential cost implications for our industry, and emphasising the existing efforts of growers and the industry to reduce our energy use and optimise inputs, through adoption of research and development, and continuous innovation.

Cotton Australia

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