Surrender to the charge

Given the sound policy rationale behind a floor price for the coming Australian ETS, a surrender charge is essential for the integrity of the scheme.

In recent weeks a range of industry figures have criticised the federal government’s decision to introduce a ‘surrender charge’ as part of the coming emissions trading scheme. They say that such a charge is an unfair impost that not only hurts business, but unjustifiably increases the cost of meeting Australia’s emissions reduction targets.


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