Global Warning, Pollution, Climate Change, Greenhouse effect are the terms familiar to us in relation to our environment and society; however what are the measures taken by our government to protect the environment. Environmental issues increasingly become important and closely tighten within our daily life therefore this paper attempts to look at the way from the Australian government protect the environment by using different method includes legislation; signing international agreement and financial assistance to a wide range of environmental programs. The Australian Emissions Trading Scheme known as ETS or NETS is initiative legislation by the Federal government to protect our environment. The Rudd Government implement the ETS aims to adjust for the challenges of global climate change and it involves with a range of effective policy. The policy aims at reduce the country’s carbon consumption level as well as achieve the greenhouse gas abatement. The ETS is made to be effective in 2010; a comprehensive design of the scheme for each state is made to finalize in the beginning of 2009 after the Rudd government release the proposal framework this July 2008. (The Sydney Morning Herald, 2008,2) The concept of Emissions trading is the government selling greenhouse emission permits to companies and the permit is allowed to be sold again for emissions or credits of certain pollutant. It is basically means industries across the nation would have to pay to pollute but organizations could be financially benefited from reducing their emission level below the government legislative standard by auctioning their remaining permit. (2007, Internet) The emissions permits is made to be allocated through a combination of means includes free allocation to electricity generators or free allocation to trade-exposed energy intensive industries to compensate for rising electricity prices and sell the remainder of their permit. As a result, this scheme is made to become a free market...
Bibliography: Department of Climate Change (2008) ‘Carbon Pollution Reduction Schem’
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http://www.environment.gov.au/education/programs/index.html (Accessed: 19.10.2008)
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