Background and Introduction

Question:

Discuss About The Climate Change Policy Owed By Carbon Tax?

The environmental change and representation of climatic interferences have been modified by the effective implementation of Carbon Tax 2012 in Australia. This is a policy to understand the emission of carbon-dioxide and the effect regarding the process.  There are certain environmental, economic and climatic changes that provide proposed and expected changes in Australia. In this report, the argumentative view of the Carbon tax and coalition action regarding the change policy is being discussed so that the actual determination of the situation can understand. The act “Australia’s Carbon tax” has been implemented on July 1, 2012, which emphasis on the fixed emission of carbon gases. This is the most challenging aspect to save the environment and introduced the ethical way of theoretical underpinning.

The policy detail of the Australian Government has introduced the imposed tax against carbon. The amount of tax has to deliver as much carbon emits from an organization. In a mining industry, the leading changes and produced challenges must be engaged as the process emits the highest carbon comparing to other sectors. Thus, their persistence and sustainable acquisition is the determining area of supervision (Marshall 2016.). There is no limit of carbon emission but as much carbon, they emit they have to pay the same amount of money for this. The initial account of permit suggests $23 a ton. But this is only for the three years of licensing after that the trading scheme will be abolished for that company and the tax amount will be determined by the market rate. In such cases, the business objectives, aim, and reduction will go through by the determination of market (Meng, Siriwardana and McNeill 2013). Fuel supply and distributors are the major sources of synthetic greenhouse gases emitters and thus the exempt of tax and their providing nature will have the high optimum. The organization propaganda or agenda is being changed by the implementation of carbon tax so every company needs to take new policies to mitigate the carbon (Fahimnia et al. 2015). As the companies are trying their best to reduce carbon emission, the environment is being safer. The effective change in environment may be noticed by the changing reduction targets provided by the government of Australia (Meng, Siriwardana and McNeill 2013).

The theoretical implementation of the carbon tax in Australia has stated that 75,000 businesses directly paid the carbon tax or equivalent carbon tax. The taxes are changes through in form of rebates and duties in many aspects. The treasuries of Australia have mentioned that about $550 has been collected from the carbon tax that emphasizes the emission of carbon from different organizations (Butterworth, Subramaniam and Phang 2015). On the basis of this report the government has changed the pricing of a carbon tax and in 2014-15 the revised tax for one ton was $25.40 (Galbreath, 2014.). The Australian Competition and Consumer Commission monitoring the price rate thus the repeal of that price and the implement changes are constructed by them (Robson 2014). In the time of theoretical implementation, the political assortment and social behavior with that policy are not implemented in a simple way, through the complex procedure was done in an effective way by the government (Meng, Siriwardana and McNeill 2013). Carbon formational goods are rated in higher pricing so that house hold products are not that but to replace the product by an innovative one. The theoretical implementation also suggests the rule of the carbon tax as this process is improvised as the Emissions Trading Scheme (ETS), which has a fixed price rate (Schiermeier 2014). The argumentative issue thus makes a question over the matter that direct action that has been taken b the coalition and the imposed Australian Carbon tax is applied for the same reason but their views of the both perspective are different (Marshall 2016).

The Imposition of Carbon Tax

The Australian government has imposed the labor action plan with the significance motive of replacement of its direct action plan. The pollution level must be mitigated to some extent by the reinforcement of this policy. The Emission reduction fund will operate the view and analysis the center price of the policy. The contractual paper stated the budgeting will counting $2.5 for the first four years and it has begun from July 1, 2014. The operation cost is including with that statistic (Dwyer et al. 2013). The process of labor support and the coalition may reduce the emission percentage by 5 at the desired level in 2020. The target mechanism and the amount of pollution in that state may increase the price as well so the taxpaying amount will be enriched by the cost elasticity procedure of the reduction process (Schiermeier 2014). The government has also made an enforcement of extra 15,000 strong green armies to conduct the whole process. The pricing of emission set by the government has changed the business perspective and undertaken emission process to make a solid tender on the basis of that reduction of direct action plan to mitigate carbon (Marshall 2016). The federal government and the selected opposition have agreed with the decision that greenhouse gases effect must be mitigated a reduced under the 5% and for this strong opinion the exploration of policies are introduced in Australia (Meng, Siriwardana and McNeill 2013). Under the provision of the Direct action plan, the restoration of soil carbon and energy efficiency is the actionable outcome from this aspect. The climatic change is directly accountable with economic wide tax and damaging the need of despite changes (Bird et al. 2014). In mine sector or mining farms, the traditional landfill and growth of the business are related to the way as the mine sectors raw materials are digging and cutting through the undermine surface hence there are high chances of carbon emission in the air (Butterworth, Subramaniam and Phang 2015). Hence, in that case, the government has an economic influence as well as the policy is been set for the all organization and it cannot be nullified for a single sector. The proposed section of the coalition has made an attempt to reduce the green house gases effect which seems to be an unconditional because of the positional change in climate has made by the mines are enough effective to increase the carbon level (Galbreath 2014).

Effect on Different Sectors

There are certain involving risk factors associated with the concern thinking related to the business. The business marketing and impose strategy may get some threat for that reason. The price of carbon is important for them to the economic condition of the company related to the dues they contribute to the emission of carbon. Thus, the economic effects and consequences are straightforward to the relativity of the outcome (Meng, Siriwardana and McNeill 2013). So the competitive advantages are not found in that case to maintain a high intensity and opportunity to explore the business on the desired rank. The carbon intention and the level of opportunity to learn more in this section can be mitigated by the way organization emits carbon (Parker et al. 2015). So, in that case, the production association and economic imbalance situation are inter-connected as the risk factor is more than the opportunity one. If the government has chosen emissions averaging emission approaches the general case is not considered in that situation (Butterworth, Subramaniam and Phang 2015). All the economic countries have the same carbon explicit limit and that has to be maintained in that situation. So the interaction in between other policies and a Carbon tax is a trade argumentative nature that has not equalized the abatement of lost and schemes (Guo et al.  2014). The tone of the emission and the determining sector of mine firms, who has dealt with energy productions, and has the appropriate amount of permitting carbon in the environment. If their emission process is being closed then the organization development is also have faced a stagnant issue. The Carbon tax also changes the house hold section utilization. The prices are high and there are no schemes for the use of carbon for the house hold assistance. The International linking and trade restriction is there for the effective measurement of the carbon tax (Pollard et al. 2016). The Australian government has maintained the economic policy in a visible way so that the domestic carbon liabilities are not affected by the reduced condition and elaborate the constraint achievements for the situational equity (Meng, Siriwardana and McNeill 2014). 

The business usual projection has been changed by the imports of this act which is in the jurisdiction of Australia. The biggest emission source is electric thus the electric producing project will be transferred to the new one so that the source of this traditional work gets a new support and power. Green house gas is evolvement is the major curse for the country, thus the accounting emission of 62% in 2009 must have the curtailed figure as the new innovative formation may introduce. Hence, for the electric reason, the transformation like Solar panel installation has been done (Benavides et al. 2014). 146-kilowatt solar panel has been installed in Canberra Winery building on 1^st June 2012. The change and evolved process have intended the electrical continual in the country without the life hazardous gases (Meng, Siriwardana and McNeill 2013). Renewable price of electricity is another transformation or adaptive process that generates high participation with the customers. The energy sources are not harmful as well as they are not evolving carbon. Hence, renewable energy making in a large scale is important and that make demand in the renewable energy efficiency. Mapping of the potential network is another adaptive change that needs to be implemented for the mitigation of carbon from the environment (Galbreath 2014). The absorb addition carbon generation and the capacity of the absorbance are the help development process that reassesses the technological potential of the network. The government act of mapping distributes the channel and states the feeders for the renewable energy generation. Calmative variables like optimum evaporation, heat waves, daily temperature, frequency and intensity of the rainfall and humidity all works fluently are working on the adaptation limit of continual change. Thus, in that case, the temperature must increase and climatic condition will sustain for that development of the certain metabolism (Butterworth, Subramaniam and Phang 2015). National climate change adaptation framework support the decision making a part that provides the proper guidance of variable sources of states and includes the two key strategies like regional vulnerability and reducing the sectional issue and building understanding and adaptive opportunity and understanding of the building nature.  These two strategies are implemented in a facilitated way so that developmental changes and provisional act representation are followed by the stakeholder that access the underpinning argumentation in between the laws or jurisdiction on Carbon Tax in Australia (Fang et al. 2017).

Impact on Greenhouse Gases Emission Reduction Target

Conclusion

Therefore the report can be concluded that carbon tax is being implemented by the Australia government and the imposed formation of tax is effective as the organization has the limited confutation of carbon emission. The predicted climate change due to the effect of green house gas and the possible measure that has taken for the mitigating nature of the green house gas has discussed here. The economic challenges that organizations have to face for the implementation of this act the accounting nature of this act and how they collected the licensing money all these are discussed in this report. In the mining sector, the process of their business enhancement lies in evolve of carbon thus the risk for the constrained position of carbon and the opportunity of the health environment is discussed here. There are certain theories and adaptation process that need to be changed for the development of nature of climatic change. Thus these procedures are also discussed as the solar panel implementation instead of carbon is a bright idea that gives essence to the eco-friendly and environment structure to the country.

References:

Benavides, C., Gonzales, L., Díaz, M., Palma, R., García, G., Ravizza, C. and Fuentes, R., 2014. Economy-?wide implications of a carbon tax: Assessment of mitigation action in the Chilean electricity generation sector. Working paper for CDKN project on Linking sectoral and economy-?wide models. Santiago de Chile, Energy Centre, University of Chile. https://www. mapschile. cl/sistema-?de-?gestion-?del-?conocimiento.

Bird, D.K., Haynes, K., van den Honert, R., McAneney, J. and Poortinga, W., 2014. Nuclear power in Australia: A comparative analysis of public opinion regarding climate change and the Fukushima disaster. Energy Policy, 65, pp.644-653.

Butterworth, S., Subramaniam, N. and Phang, M.M., 2015. Carbon Risk Management: A Comparative Case Study of Two Companies within the Australian Energy Sector. Journal of Applied Management Accounting Research, 13(1), p.9.

Dwyer, L., Forsyth, P., Spurr, R. and Hoque, S., 2013. Economic impacts of a carbon tax on the Australian tourism industry. Journal of Travel Research, 52(2), pp.143-155.

Fahimnia, B., Sarkis, J., Choudhary, A. and Eshragh, A., 2015. Tactical supply chain planning under a carbon tax policy scheme: A case study. International Journal of Production Economics, 164, pp.206-215.

Fang, G., Tian, L., Fu, M., Sun, M., Du, R. and Liu, M., 2017. Investigating carbon tax pilot in YRD urban agglomerations—Analysis of a novel ESER system with carbon tax constraints and its application. Applied Energy, 194, pp.635-647.

Galbreath, J., 2014. Climate change response: Evidence from the Margaret River wine region of Australia. Business strategy and the environment, 23(2), pp.89-104.

Galbreath, J., 2014. Climate change response: Evidence from the Margaret River wine region of Australia. Business strategy and the environment, 23(1), pp.90-111.

Guo, Z., Zhang, X., Zheng, Y. and Rao, R., 2014. Exploring the impacts of a carbon tax on the Chinese economy using a CGE model with a detailed disaggregation of energy sectors. Energy Economics, 45, pp.455-462.

Marshall, J.P., 2016. Disordering fantasies of coal and technology: Carbon capture and storage in Australia. Energy Policy, 99, pp.288-298.

Meng, S., Siriwardana, M. and McNeill, J., 2013. The environmental and economic impact of the carbon tax in Australia. Environmental and Resource Economics, pp.1-20.

Meng, S., Siriwardana, M. and McNeill, J., 2014. The contribution of carbon pricing to sustainable mining. International Journal of Rural Law and Policy, (1).

Parker, R.W., Hartmann, K., Green, B.S., Gardner, C. and Watson, R.A., 2015. Environmental and economic dimensions of fuel use in Australian fisheries. Journal of Cleaner Production, 87, pp.78-86.

Pollard, S., Dooley, K., McConnell, D., Meinshausen, M., Meyer, R. and Workman, A., 2016. SUBMISSION TO THE CLIMATE CHANGE AUTHORITY SPECIAL REVIEW SECOND DRAFT REPORT ON AUSTRALIA’S CLIMATE POLICY OPTIONS.

Robson, A., 2014. Australia’s carbon tax: An economic evaluation. Economic Affairs, 34(1), pp.35-45.

Schiermeier, Q., 2014. Anger as Australia dumps carbon tax. Nature, 511(7510).