Vote on Carbon Pollution Reduction Scheme delayed
The vote on the Carbon Pollution Reduction Scheme (CPRS) legislation has been delayed by the Senate till 13 August.
It still looks unlikely that the opposition would pass an emissions trading scheme this year.
In the meantime, the Coalition and independent senator Nick Xenophon have commissioned modelling of alternatives to the ETS. Xenophon has suggested the productivity commission should model five other schemes:
- A conventional baseline and credit scheme;
- An intensity model;
- A carbon tax;
- A consumption-based carbon tax;
- The McKibbon model.
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