The Australian Government released its Carbon Pollution Reduction Scheme Green Paper today (Wednesday 16 July 2008). There is a Summary, Fact sheets, and media release available, as well as the Full report. The report is, in part, a response to the Garnaut Climate Change Review. The government is inviting submissions on the green paper.
Internet key to the strategy
One interesting point is that the use of the Internet is key to the Government's strategy:
Internet key to the strategy
One interesting point is that the use of the Internet is key to the Government's strategy:
5.9 ... Emissions obligations under the scheme, the types of assessment methodologies used and any uncertainty estimates reported by liable entities would be published by the Government on the internet as soon as is feasible after reports are submitted ...
5.5.2 ... An initial focus of compliance activities is likely to be education and outreach, such as consultations on the design of administrative processes; provision of information (via the internet, seminars and other ways) to liable entities on how to comply; and providing convenient and inexpensive
ways to interact with the regulator. ...
7.5.1 ... More frequent auctions also have a higher administrative cost for the regulator. However, the capacity to hold auctions on the internet means that costs are unlikely to be an important factor in determining auction frequency.
7.5.5 ...Given modern internet-based auction platform technology, the complexity of simultaneous auctions can be managed at relatively
low cost.
7.5.6 ... Internet auction platform - Auctions may be conducted using an internet platform. The internet platform will encourage more entrants and greater competition because it is low cost and readily accessible.
From: Carbon Pollution Reduction Scheme Green Paper, 2008 (emphasis added)
5.5.2 ... An initial focus of compliance activities is likely to be education and outreach, such as consultations on the design of administrative processes; provision of information (via the internet, seminars and other ways) to liable entities on how to comply; and providing convenient and inexpensive
ways to interact with the regulator. ...
7.5.1 ... More frequent auctions also have a higher administrative cost for the regulator. However, the capacity to hold auctions on the internet means that costs are unlikely to be an important factor in determining auction frequency.
7.5.5 ...Given modern internet-based auction platform technology, the complexity of simultaneous auctions can be managed at relatively
low cost.
7.5.6 ... Internet auction platform - Auctions may be conducted using an internet platform. The internet platform will encourage more entrants and greater competition because it is low cost and readily accessible.
From: Carbon Pollution Reduction Scheme Green Paper, 2008 (emphasis added)