Rather than just evaluating the cost of compliance, Australian executives and boards should be considering the new business opportunities arising from the National Greenhouse and Energy Reporting Act 2007 (NGER) and a future Emissions Trading Scheme.
A raft of new and existing government incentive programs can help businesses to offset the research and development (R&D) and other costs of environmental projects.
Our national Tax practice is able to assist clients in a wide range of industries to identify government environmental incentives and other assistance schemes including:
- Climate Ready
- Re-Tooling for Climate Change
- Green Building Fund
- National Clean Coal Fund
- Renewable Energy Fund (REF)
- Clean Energy Initiative (CEI).
Where appropriate, we also draw on KPMG’s wider network of resources to assist our clients to develop climate change strategies and undertake performance measurement and reporting of environmental programs.
We can also provide independent audit reports for greenhouse gas abatement projects and carbon offset schemes.