THG

Thursday, 5^th November, 2009

The Federal Parliament is currently debating the composition of an Emissions Trading Scheme (ETS) for Australia. The Government’s initial proposal for an ETS was blocked by the senate in June and since then pressure has been on the Opposition to detail the changes they require to enable the Act to pass through the Parliament’s upper house. The Opposition is incentivised to arrive at an agreement with the Government on the ETS. If it is blocked by the Senate a second time it will trigger a double dissolution election, which at the moment the Opposition will surely lose, handing a further mandate to the Government to enact legislation.

Read more about the October Edition of In the Know.