Engagement
We want to be active participants in the global debate on climate change. In setting policies to address this significant challenge, we promote these principles:
- provide customers with clear carbon price signals that reduce carbon consumption and favour investment in low-carbon alternatives
- remain revenue neutral by returning aggregate revenues raised to individuals and businesses impacted by the carbon price
- maintain international trade competitiveness by returning emission costs for trade exposed products (imports and exports) during the transition to a global system
- cover the broadest possible base of carbon emission activities and low-carbon energy options
- ensure that future carbon costs are predictable and measured to facilitate investment and give the economy time to adjust
- include mechanisms, singly or in combination, that are easy to implement and effective at reducing carbon
- encourage the development of low emissions technologies through a market-led approach that is based on sound, long-run economic analysis
