Carbon price
Under the Australian Government's Clean Energy Future Plan, synthetic greenhouse gases listed under the Kyoto Protocol - hydrofluorocarbons, perfluorocarbons (excluding gases produced from aluminium smelting) and sulfur hexafluoride, and any equipment or products which contain these gases - will have an equivalent carbon price applied through the existing Ozone Protection and Synthetic Greenhouse Gas Management legislation.
These new arrangements commence on 1 July 2012.
From 1 July 2013, incentives will be provided for the destruction of waste synthetic greenhouse gases and ozone depleting substances, recovered at end of life.
The price per tonne of synthetic greenhouse gas will be based on the carbon price and the global warming potential for each gas relative to carbon dioxide.
Further information
For more information about the Carbon price package visit the Clean Energy Future website:
- Clean Energy Future - Carbon price
- Securing a Clean Energy Future - Chapter 3 - Putting a price on carbon pollution
The Australian Government's Clean Energy Future plan sets out a long-term plan to reshape the Australian economy, cut carbon pollution, drive innovation and investment in new clean energy sources such as solar, gas and wind.
To find out more about the Clean Energy Future plan visit
www.cleanenergyfuture.gov.au