VICTORIA TOURISM INDUSTRY COUNCIL            May 2012
Presentation Overview• Introduction - Who is CMI• The Really Really Big Picture  – What is the Carbon Tax?  – What is the ...
Who is CMI?• The Carbon Market Institute is Australia’s  peak body for providing leadership and  information for businesse...
Who is CMI?• Established with support from the Victorian  Government, our Asia Pacific wide  membership represents a broad...
CMI Members
CMI’s Program• Business networking and information  services• Research and market analysis• Education and training - partn...
Business Guides and Industry             Publications• Clean Energy  Legislative Package• Carbon Farming  Initiative (CFI)...
CarbonExpo Melbourne 2012Australasias premier TradeFair & Conference for carbonmarket participants & serviceproviders.• +9...
What is the Carbon Tax?Key Takeaway #1 Its not a tax but an EmissionTrading Scheme (ETS) with a fixed price period.
Introduction to the Three Key Bills                                  10
What is the ETS is trying to achieve? “Emissions trading or cap-and-trade is a market-based approach used to control pollu...
Sectors affected by a carbon price                                 12
Determining obligation under the            scheme         25,000 tonnes CO2-e threshold        Top “500” Emitters        ...
Which organisations will pay?• Top 500 directly…..however, the  CPM will impact almost every  aspect of a business’s suppl...
The broader economic impactKey Takeaway #3 Its not the end of the World andthere is assistance for Households and Business...
Contact DetailsMike.Tournier@carbonmarketinstitute.org    www.carbonmarketinstitute.org
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Mike Tournier, Carbon Market Institute - VTIC Quarterly Forum - May 2012

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Mike Tournier, Executive Director from the Carbon Market Institute, explains the Carbon Tax and how it's actually an Emissions Trading Scheme.

First presented at the Victoria Tourism Industry Council's 2012 May Quarterly Forum.

Published in: Business, Technology
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Mike Tournier, Carbon Market Institute - VTIC Quarterly Forum - May 2012

  1. 1. VICTORIA TOURISM INDUSTRY COUNCIL May 2012
  2. 2. Presentation Overview• Introduction - Who is CMI• The Really Really Big Picture – What is the Carbon Tax? – What is the tax is trying to achieve? – Which organisations will pay? – What do we think will be the broader economic impact of Carbon Tax will be?
  3. 3. Who is CMI?• The Carbon Market Institute is Australia’s peak body for providing leadership and information for businesses and professionals in rapidly evolving carbon markets.
  4. 4. Who is CMI?• Established with support from the Victorian Government, our Asia Pacific wide membership represents a broad range of professionals, organisations and industry providers for whom carbon will have a direct impact on their business in terms of liabilities and potential opportunities.
  5. 5. CMI Members
  6. 6. CMI’s Program• Business networking and information services• Research and market analysis• Education and training - partnerships• Professional standards and accreditation• International engagement
  7. 7. Business Guides and Industry Publications• Clean Energy Legislative Package• Carbon Farming Initiative (CFI)• Accounting Practices• Market Integrity• Market Evolution• COP 17• CMI Review
  8. 8. CarbonExpo Melbourne 2012Australasias premier TradeFair & Conference for carbonmarket participants & serviceproviders.• +900 delegates & speakers• 80 trade booths from 20 countries• 7-9 November 2012
  9. 9. What is the Carbon Tax?Key Takeaway #1 Its not a tax but an EmissionTrading Scheme (ETS) with a fixed price period.
  10. 10. Introduction to the Three Key Bills 10
  11. 11. What is the ETS is trying to achieve? “Emissions trading or cap-and-trade is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants”.Key Takeaway #2 Its an economic instrument forbehaviour change. Smart Business will adapt quickly.
  12. 12. Sectors affected by a carbon price 12
  13. 13. Determining obligation under the scheme 25,000 tonnes CO2-e threshold Top “500” Emitters 13
  14. 14. Which organisations will pay?• Top 500 directly…..however, the CPM will impact almost every aspect of a business’s supply chain, especially those with high electricity and gas consumption as the price of carbon is “passed through”• How much is passed through and if it is fair will be carefully watched by the ACCC.
  15. 15. The broader economic impactKey Takeaway #3 Its not the end of the World andthere is assistance for Households and Businesses.
  16. 16. Contact DetailsMike.Tournier@carbonmarketinstitute.org www.carbonmarketinstitute.org

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