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ECO 3CCE Climate Change Economics Assignment
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La Trobe University
Added on 2019-10-31
ECO 3CCE Climate Change Economics Assignment
La Trobe University
Added on 2019-10-31
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Running head: CLIMATE CHANGE POLICY OWED BY CARBON TAX CLIMATE CHANGE POLICY OWED BY CARBON TAXName of the StudentName of the UniversityAuthor Note
CLIMATE CHANGE POLICY OWED BY CARBON TAX 1Executive SummaryThe report has surfaced on the climatic and economic change of due to the owed situation of thecarbon tax. There are some certain changes takes back for the underpinning structure and themetabolism of the taxation over the carbon. Organization, companies, and industry resourceshave to adapt separate strategies so that they have not to submit the tax, however, there arecertain organization where carbon must be evolved like mine sector where the policies andprocess that must be used for the mitigation of carbon also discussed in this report. The reporthas also made the emphasis on risk and possibilities so that direct action plan has taken thecharge and green house effect mitigates and predicts the climatic change thereon. The assuredchanges and theoretical economic understanding must encourage and impact over the goodinitiative that has been taken from the Australian Government.
CLIMATE CHANGE POLICY OWED BY CARBON TAX 2Table of ContentsIntroduction..........................................................................................................................3Imposed climatic change.....................................................................................................3Theoretical implementation of carbon tax...........................................................................4Contrasting direct action plan..............................................................................................5Risk factor and determining opportunities of World of carbon...........................................6Transformation strategies....................................................................................................7Conclusion...........................................................................................................................8References:........................................................................................................................10
CLIMATE CHANGE POLICY OWED BY CARBON TAX 3IntroductionThe environmental change and representation of climatic interferences have beenmodified by the effective implementation of Carbon Tax 2012 in Australia. This is a policy tounderstand the emission of carbon-dioxide and the effect regarding the process. There arecertain environmental, economic and climatic changes that provide proposed and expectedchanges in Australia. In this report, the argumentative view of the Carbon tax and coalitionaction regarding the change policy is being discussed so that the actual determination of thesituation can understand. The act "Australia's Carbon tax" has been implemented on July 1,2012, which emphasis on the fixed emission of carbon gases. This is the most challenging aspectto save the environment and introduced the ethical way of theoretical underpinning.Imposed climatic change The policy detail of the Australian Government has introduced the imposed tax againstcarbon. The amount of tax has to deliver as much carbon emits from an organization. In a miningindustry, the leading changes and produced challenges must be engaged as the process emits thehighest carbon comparing to other sectors. Thus, their persistence and sustainable acquisition isthe determining area of supervision (Marshall 2016.). There is no limit of carbon emission but asmuch carbon, they emit they have to pay the same amount of money for this. The initial accountof permit suggests $23 a ton. But this is only for the three years of licensing after that the tradingscheme will be abolished for that company and the tax amount will be determined by the marketrate. In such cases, the business objectives, aim, and reduction will go through by thedetermination of market (Meng, Siriwardana and McNeill 2013). Fuel supply and distributors arethe major sources of synthetic greenhouse gases emitters and thus the exempt of tax and theirproviding nature will have the high optimum. The organization propaganda or agenda is being
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