The green paper: agricultural uncertainty persists

Source: Australian Farm Institute
"The design of the greenhouse emissions trading scheme (ETS) proposed by the Australian Government is by no means finalised, with several iterations of consultation yet to occur, and the necessary legislation facing a somewhat precarious passage through the Senate in 2009. Nevertheless, the conflicting political interests converging on and surrounding the legislation mean that there will only be limited room for design changes, and it is probably more likely than not that the scheme that commences in July 2010 will largely reflect the preferred option spelled out in the recent Green Paper. For Australian agriculture, a large range of uncertainties
persist, and it will be some time before these are resolved."