CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 3 Objects

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 3

                   The objects of this Act are as follows:

                     (a)  to give effect to Australia's obligations under:

                              (i)  the Climate Change Convention; and

                             (ii)  the Kyoto Protocol;

                     (b)  to support the development of an effective global response to climate change, consistent with Australia's national interest in ensuring that average global temperatures increase by not more than 2 degrees Celsius above pre-industrial levels;

                     (c)  to:

                              (i)  take action directed towards meeting Australia's long-term target of reducing Australia's net greenhouse gas emissions to 80% below 2000 levels by 2050; and

                             (ii)  take that action in a flexible and cost-effective way;

                     (d)  to put a price on greenhouse gas emissions in a way that:

                              (i)  encourages investment in clean energy; and

                             (ii)  supports jobs and competitiveness in the economy; and

                            (iii)  supports Australia's economic growth while reducing pollution.