Australian carbon stock exchanges planned: White paper sets rules for free flow of data

The Australian carbon market rules drafted in the White Paper require holders of permits to report when they and their associates have 5 per cent or more of a particular vintage.

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Carbon compo paid to big consumers to compensate for rise in electricity costs

Government proposed to pay the increase in costs associated with the use of electricity - as generators passed the carbon price through - as ‘electricity prices are expected to rise appreciably with the imposition of a carbon price’. Australia's Low Pollution Future White Paper explained how the big end of town would get massive compensation for carbon costs;

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MMA, ACIL Tasman, ROAM m0dels differ on carbon price impact on wholesale electricity prices: ROAM forecasts spikes for Queensland: MMA, for Vic

Prices would increase across all states, with higher increases in those states with more coal-fired generation. ROAM Consulting results point to the most significant increases occurring in Queensland.

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Carbon compo paid at 1t CO2-e per MWh nationwide to existing polluters, and new polluters, too

Australia's Low Pollution Future White Paper plan was to pay carbon compo emissions-intensive trade-exposed (EITE) industries, in Australia at the carbon price, per 1t CO2-e per MWh. The price muitiplier guestimate ranged between $24 - the current price for carbon and $40 - being the proposed price ceiling.

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Rorts-risk in Australian carbon policy: firms could fake data, to earn windfall gains from free allocations

The way to get rort the scheme and free money was to define an activity ‘to encompass an intermediate input that could be sourced from an alternative domestic or overseas supplier’, said advisors to Australia's Low Pollution Future White Paper.

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White Paper policy plan: Coal-fired electricity generation will get lump sum compo of $3.9 billion

Coal-fired generators were to get a lump sum compo of $3.9 billion based initial carbon price of $25 per tonne. These permits will be distributed to each eligible generator over the first five years of the Scheme. The amount of assistance for each generator will be determined up front, before Scheme commencement.

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White Paper: Carbon allocations paid on production levels: production doubles, free-permits, double; new plants, get the same deal

In both the Green and White Paper formulations, new entrant or brownfields expansions are entitled to the same rate of EITE assistance as existing entities, the rate of assistance is pre-specified based on the initial assistance rate and the carbon productivity contribution.

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White Paper: big electricity polluters to get paid compo at carbon price times 1 tonne CO2-e per megawatt-hour

The White Paper sets this electricity allocation factor at 1t CO2-e per megawatt-hour.

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White Paper: UNFCCC mechanisms, CDM and joint implementation imports permitted for use in Australia; no volume restrictions

Government will allow entities to use eligible Kyoto units for compliance with Scheme obligations, in particular the two project based mechanisms.

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White Paper: Beef cattle, sheep, dairy cattle, pigs and sugar cane businesses may get carbon compo

On the basis of the industry level assessment conducted for the Green Paper analysis, if the Schemes coverage was extended in 2015 to include agricultural emissions, there are several agricultural sectors that are likely to be eligible for EITE assistance including the production of beef cattle, sheep, dairy cattle, pigs and sugar cane.

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White Paper: LNG, ethane, methane processors get carbon compo: freebies extend to polluters over 1000 t CO2–e per million dollars of revenue

The White Paper has extended free allocations for emissions from the use of steam, and emissions associated with the extraction and production of natural gas and its derivatives such as methane and ethane when used as a feedstock.

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White Paper: LNG joins list for free allocations, based on ratio of imports and exports to domestic production

LNG plans would get paid to pollute, with a calucation based on LNG industry average trade exposure over a five year periods was to be used to work out how much carbon comp would go to big projects.

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