The Carbon Pollution Reduction Scheme
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Information about the scheme
The Carbon Pollution Reduction Scheme will build a low‑pollution economy of the future for Australia.
Under the scheme, Australia’s biggest polluters will pay for the pollution they generate and there will be a limit placed on the number of Australian carbon pollution permits issued each year.
The sale of permits will raise $11.5 billion for the Australian Government in 2010-11. Every cent will be used to help households and businesses adjust to the scheme. The scheme will result in changes to a wide range of prices, but the overall increase in the cost of living will be modest.
Assistance available
Pensioners, seniors, carers and people with disability
Pensioners, seniors, carers and people with disability will receive additional support, above indexation, to fully meet the expected overall increase in the cost of living flowing from the scheme.
Low‑income households
Low‑income households will receive additional support, above indexation, to fully meet the expected overall increase in the cost of living flowing from the scheme.
Middle‑income households
Middle‑income households will receive additional support, above indexation, to help meet the expected overall increase in the cost of living flowing from the scheme. For middle‑income families receiving Family Tax Benefit Part A, the Government will provide assistance to meet at least half of those costs.
Motorists
Motorists will be protected from higher fuel costs from the scheme by cent‑for‑cent reductions in fuel tax for the first three years.
Community organisations and small businesses
Community organisations and small businesses will be eligible to apply for assistance to invest in energy efficient equipment.
Households
All households will receive support to take practical action to reduce energy use and save on energy bills.
Australian workers
Australian workers will be supported through targeted assistance for industry and investment in the green economy.
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