CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 143 Aim and objects
CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 143
Aim and objects(1) The aim of this Part is to recognise issues relating to the impact of this Act and the associated provisions on the international competitiveness of activities that are:
(a) identified as emissions-intensive trade-exposed activities; and
(b) carried on in Australia.
(2) The objects of this Part are:
(a) to enable the identification of activities as emissions-intensive trade-exposed activities; and
(b) to reduce the incentives for such an activity to be located in, or relocated to, foreign countries as a result of different climate change policies applying in Australia compared to foreign countries; and
(c) to provide transitional assistance in respect of such an activity if carried on in Australia; and
(d) to provide such assistance in a manner that is economically and environmentally efficient;
until such assistance is no longer warranted, having regard to:
(e) whether measures to reduce emissions of carbon dioxide and other greenhouse gases that have an impact that is comparable to the impact of Australian emissions reduction measures (including the impact of associated assistance) have been implemented in respect of markets:
(i) that are outside Australia; and
(ii) that are for goods produced as a result of such an activity (whether carried on in or outside Australia); and
(iii) in which persons who carry on such an activity in Australia compete; and
(f) whether foreign countries that are responsible for the substantial majority of the world's emissions of carbon dioxide and other greenhouse gases have implemented measures to reduce those emissions that have an impact that is comparable to the impact of Australian emissions reduction measures (including the impact of associated assistance); and
(g) any other relevant matters.