Industry assistance

Carbon pricing mechanism repeal

The Clean Energy Act 2011 has been repealed. This abolishes the carbon pricing mechanism from 1 July 2014. Liable entities must still meet their carbon price obligations for the 2013-14 financial year.

Content on the Clean Energy Regulator website will be progressively updated to reflect these changes. More information can be found on the carbon pricing mechanism repeal page.

The carbon pricing mechanism includes assistance to certain industries through the:

Successful applicants will receive free carbon units, which can be surrendered to meet your liability under the carbon price, sold back to the Clean Energy Regulator using the buy-back option or traded in the carbon market.

Related industry assistance is also available through other government agencies, to support investment and innovation in clean technologies and assist industries to transition to a low carbon economy.

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