South West Natural Resources Management Ltd. in the Carbon Economy

This report was instigated by South West NRM (SW NRM) to better understand the evolving regulatory environment relating to carbon trading in Australia, the activities other stakeholders and the broader NRM sector are undertaking to position themselves with respect to the risks and opportunities of the developing market opportunities, and to consider potential roles and opportunities for SW NRM in more detail. The Clean Energy Future (CEF) legislation in Australia is being implemented to reduce greenhouse gas emissions, primarily through applying a market based approach to changing patterns of energy production and consumption,  the CEF allows for the Federal Government to require large emitters of greenhouse gasses to acquire permits to emit. In the future, these permits will be tradable in market priced transactions driven by supply and demand, but will be purchased at a fixed price in the early years of the scheme.

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