KPMG has developed a summary of the White Paper that outlines its key implications to your business.
- The timing of the proposed development and implementation of the Emissions Reduction Fund.
- The proposed repeal of the current carbon price mechanism.
- Your business may face a range of regulatory impacts resulting from new and potentially complex policies.
- There are several aspects of the Government’s repeal of the Carbon Pricing Mechanism that may affect your business, including the repeal's timing and how this impacts financial accounting and reporting, and the difficulty of removing the price of carbon from goods and services.