The carbon pricing mechanism includes assistance to certain industries through the:
- Jobs and Competitiveness Program—assists companies that are conducting emissions-intensive and trade-exposed activities.
- Coal-Fired Generation Assistance—assists highly emissions-intensive coal-fired generators to adjust to the carbon price
- Buy-back—we buy back free carbon units issued through the Jobs and Competitiveness Program and Coal-Fired Generators Assistance.
In addition, other related industry assistance is available through different government agencies to support investment and innovation related to clean technologies and transforming for a low carbon economy.