Energy efficiency is a critical way for Australia to waste less energy, reduce our demand on energy resources and lower our greenhouse gas emissions. Reducing the amount of energy we use is widely believed to be the quickest, simplest and most cost-effective way to reduce Australia’s greenhouse gas emissions.
Energy efficiency is important for tackling the challenge of climate change, but it’s also important for Australian businesses to help monitor and cut their own power usage, saving money through implementing effective, energy cost reductions.
At the centre of the government’s policy on climate change is pricing carbon. Many commentators and politicians have referred to this as a “carbon tax”. The idea is that polluters will pay per tonne of carbon they release into the atmosphere. This cost will initially be set at $23, and increase gradually until 2015, when we will shift to a trading scheme that will let the market set the cost. This is widely thought of as the most effective and least costly mechanism to reduce carbon output and reduce the level of climate change that is occurring.
Since the introduction of a carbon pricing mechanism (Carbon Tax) there has been significant cost impacts to energy bills as the environmental cost imposed on large emitters is passed on to the end consumers.
NuGreen Solutions are experienced at assisting clients navigate this complex area and can provide services to assess and reduce your carbon tax liability.
For more information on the current carbon tax situation visit https://www.environment.gov.au/