Repeal of the carbon tax and introduction of the Direct Action Plan
The Government will soon introduce legislation to repeal the carbon tax and commence implementation of the Direct Action Plan.
The Government’s Direct Action Plan will be designed to efficiently and effectively source low cost emissions reductions. The Direct Action Plan will build on the Carbon Farming Initiative and includes an Emissions Reduction Fund (ERF) to provide incentives for abatement activities across the Australian economy.
Together with targeted funding for urban trees and one million solar roofs, the ERF will reduce Australia’s greenhouse gas emissions and deliver improvements to our environment.
Further information on the process of the carbon tax repeal and how to participate in the consultation process on the design of the ERF will be announced shortly.
Details will be made available on the department’s website.
Information on administration of current legislation can be found on the website of the Clean Energy Regulator.