+ All Renewable Energy Essays:
- Marketing Research on Red Bull Energy Drink in Vietnam Market
- Renewable Power Policy and Hydroelectric Dams
- The Risks of Renewable and Nonrenewable Resource Utilization
- Use of Energy by the Human Body
- Hydraulic Fracturing: The Future of America’s Energy
- Geothermal Energy Conversion Technology
- Wind Energy
- Searching for the Energy Source of the Future.
- An Analysis of the Use of Nanotechnology in Electrical Energy Production and Storage and as a Means of Reducing Energy Consumption.
- Xs Energy Drink Marketing Plan
- Energy and Human Beings in Ancient Times
- Hydrogen and Fuel Cells: Renewable Resources
- The Ongoing Energy Debate
- A comparison of two types of renewable energies in China: hydro energy and biomass energy, in order to determine the most suitable for China’s future
- Natural Gas as an Alternative Energy Resource
- The Energy Cooperative Case
- Activity Related Energy Expenditure, Apetite and Energy Intake
- Alternative Energy Resources
- Alternative Sources of Energy
- Power and Energy Crisis of Bangladesh
- Potential Energy and Wind Power
- Hybrid Cars: The Slow Drive To Energy Security
- BP's Share in the World Energy Market
- Power of Nuclear Energy
- Canada's Energy Sector
- The Solution to the United States' Energy Crisis
- Nuclear Energy
- Waste to Energy
- Renewable Resources
- Energy and Hybrid Cars
- Alternative Energy
- History of Chemistry: Hydrogen as an Alternative Use of Energy
- natural gas and the future of energy
- Using Green Energy to Help with Global Warming
- Marketing Plan of Mother Energy Drink
- The Rapidly Evolving Energy Crisis
- Wind Energy for Future Generation
- Green Energy and the Carbon Footprint
- Electrosugery Is the Process of Using Energy for Tissue Dissection
- Nuclear Energy Is a Cheaper Alternative to Petroleum
- Decreasing Energy Consumption in Dining Facilities
- The Pros and Cons of Nuclear Power as an Energy Source
- Nuclear Energy Research
- Negative People and Negative Energy
- Geothermal Energy: The Alternative of the Future
- Nuclear, Coal, and Alternative Energy
- Dark Energy
- Statement of Purpose for the School of Electrical, Computer, and Energy Engineering
- Energy Costs
- The Pros and Cons of Ethanol as a Renewable Source of Energy
- Metabolism and Energy
- The Use of Coal as an Energy Source in the United States
- Is Fracking Our Energy Future?
- Don’t Excessively Drink Energy Drinks, An Outline
- energy drink
- Energy in the United States
- Geothermal Energy is the Solution to the Energy Crisis
- Is Nuclear Energy Answer to the Energy Crisis by Albert You
- A Brief Look at Geothermal Energy
- Solar Energy
- Tidal Energy and the Methods to Harness It
- Alternative Energy is the Solution to the Fossil Fuel Dilemma
- Conservation of Energy Lab
- Nuclear Power: Energy for the Future
- The Government and Alternative Energy
- Energy Alternatives: Oil
- Ocean Thermal Energy Conversion
- Solar Energy is Superior
- The Importance of a Secure Energy Supply for the Future
- Concerns about Energy, the Economy and the Environment
- Replacement of Fossil Fuels with Nuclear Energy for Electricity
- Midland Energy Resources
- Global Energy Demand
- Analysis Xyz Energy Management
- Impacts of an Energy Plan
- Energy Content of Fuels Investigation Lab Report
- Dark Matter and Dark Energy
- History of Red Bull, an Energy Drink
- Hydrogen Power and Energy
- Energy Star: Adopting More Efficient Technology
- The Conventional Sources of Energy That Is Widely Utilized in Oman
- Caprica Energy and Its Choice
- Economic Downturn and Consumers Energy
- Alternative Energy for Future
- Managing Energy Sources
- An Analysis of Literature Concerning the Future of Power Generation: Nuclear Energy or Renewable Energy?
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Yesterday the Government finally released their plan to price carbon through their Clean Energy Future package. This package will see the Government tackle climate change by:
- pricing carbon
- encouraging renewable energy
- encouraging energy efficiency and;
- increasing the amount of carbon stored in the land (through the Carbon Farming Initiative)
Perhaps the most talked about and anticipated announcement was the detail supporting the price on carbon. From July 1, 2012 this new package will see about 500 of Australia’s top polluters pay a fixed price of $23 per tonne of CO2e emitted. This price will rise by 2.5% per annum for three years before becoming a market-driven Emissions Trading Scheme, with linkages to international markets.
For now, the Carbon Price will apply to stationary energy, industrial processes, fugitive emissions and non-legacy waste. Significant compensation has been announced for both households (approximately $4 billion per annum) and industry (approximately $3 billion per annum).
In addition to the carbon price, there is a strong focus on delivering cleaner energy through investment in new technologies and the closure of highly emissions intensive energy generation as well as further investment in renewable energy technologies.
It is expected that this package will deliver on Australia’s commitment to reduce pollution by 5% on 2000 levels by 2020, and 80% by 2050.
This new, long-term, trajectory is one of the most significant aspects of the package, representing a 2% decrease in emissions from today’s levels, while supporting a projected increase in the Australian population of over 13 million.
So what to make of the package?
There are a number of pros and cons of this package, which we will continue to see debated in the public domain in the coming months before it goes to Parliament in November. Whilst no-one would argue this current package is perfect, given the unsuccessful history we have of trying to address climate change (whether it be through an emissions trading scheme, a carbon tax, energy efficiencies or direct action) I think this package represents a compromise that will not only show the world that Australia is willing to do their bit to address climate change, but hopefully will also provide the momentum needed to shift Australia to a low emissions future.
For businesses, the package will mean something different for everyone. To understand its impact and prepare for a July 1 2012 start, businesses who believe they will be impacted should give careful consideration to the package with regards to their own operating environment. Unless you are directly liable, your main focus should be on energy use in your business.
With a planned start less than 12 months away it won’t be too soon to start such a review immediately. If needed, Greensense is able to assist with such a review and to develop any strategies to address any anticipated risks or cost increases.