Emissions Trading Schemes (Inquiry)
This inquiry is a current Legislative Assembly inquiry conducted by the Natural Resource Management (Climate Change) Committee.
On 5 March 2008, the Standing Committee on Natural Resource Management resolved to conduct an inquiry into the impacts of emissions trading schemes on natural resource management in New South Wales. It is now calling for submissions from interested individuals and organisations. Submissions should be sent by 9 May 2008.
Background
“Emissions trading” refers to a market-based scheme for environmental improvement that allows parties to buy and sell permits for emissions or credits for reductions in emissions of certain pollutants. Emissions trading allows established emission goals to be met in the most cost-effective way by letting the market determine the lowest-cost pollution abatement opportunities.
Emissions trading schemes are important emerging policy instruments for managing greenhouse gas reduction. Since 2005, the European Union’s Emissions Trading Scheme has been a key component of meeting the Union’s obligations under the Kyoto Protocol. A local scheme has been used in New South Wales since 2003 and a national scheme is currently being developed.
Terms of Reference:
That the Committee inquire into and report on the implications for natural resource management in New South Wales of national and international emissions trading schemes with a particular emphasis on:
a) Costs and benefits for natural resource managers of national and international greenhouse gas emission trading schemes
b) Transitional arrangements for participants in the New South Wales emission scheme to a national scheme; and
c) Economic and environmental implications for the State of offset activities.
Timeline
Self-referred: 5 Mar 2008
» Call for submissions: 14 Mar 2008
» Submissions close: 23 May 2008
Reports and Government Responses
No records of reports or government responses are available for this inquiry.
Hearings and Transcripts
No records of hearings or transcripts are available for this inquiry.
Submissions
View the public submission(s) published by the committee in relation to this inquiry.
The closing date for submissions was 23 May 2008
Contact Us
- Primary contact: Vicki Buchbach, phone (02) 9230 3438, Climate.Change@parliament.nsw.gov.au
- Committee Manager: Vicki Buchbach, phone (02) 9230 3438, Climate.Change@parliament.nsw.gov.au
- Senior Committee Officer: Kylie Rudd, phone (02) 9230 2108, Climate.Change@parliament.nsw.gov.au
- Research Officer: Cheryl Samuels, phone (02) 9230 2096, Climate.Change@parliament.nsw.gov.au
- Assistant Committee Officer: Leon Last, phone (02) 9230 2029, Climate.Change@parliament.nsw.gov.au
- Address for written correspondence:
The Committee Manager
Standing Committee on Natural Resource Management (Climate Change)
Parliament House
Macquarie St
Sydney NSW 2000
Fax: (02) 9230 3309
Inquiry Terms of Reference
This inquiry was self-referred.
Last modified 10/06/2008 14:08:37 : Update this page