POTENTIAL IMPACT OF A CARBON PRICE ON THE AUSTRALIAN AUTOMOTIVE INDUSTRY
12th May, 2011
The Multi-Party Climate Change Committee (MPCCC) established by the Federal Government has announced a proposed carbon price mechanism that could see a fixed carbon price introduced as early as 1 July 2012, with the price increasing annually at a pre-determined rate. The intention is that this would then transition to a market price over a period of three to five years.