Under the carbon pricing mechanism, the Jobs and Competitiveness Program provides ongoing assistance to entities that face high carbon costs and are constrained in their capacity to pass through costs in global markets. The program issues free carbon units to eligible applicants.
Through the Jobs and Competitiveness Program, the most emissions-intensive trade-exposed activities receive assistance to cover 94.5 per cent of industry average carbon costs in the first year of the carbon price. Less emissions-intensive trade-exposed activities receive assistance to cover 66 per cent of industry average carbon costs in the first year. Assistance reduces by 1.3 per cent each year to encourage industry to cut pollution.
Applying for assistance
Applications for 2012-13 opened on 1 July 2012 and closed on 31 October 2012, except for the EITE activities of:
- 'production of fused zirconia', for which applications close on 31 May 2013
- 'production of nickel', for which applications close on 31 May 2013
- 'production of helium', for which applications close on 31 May 2013
- 'integrated production of lead and zinc', for which applications close on 30 June 2013
To apply for assistance under the Jobs and Competitiveness Program in subsequent years:
For more information, see our Presentation on Jobs and Competitiveness Program which introduces the program and provides general advice on completing the application form.
The Summary and Policy Guidance note on the Jobs and Competitiveness Program and Frequently Asked Questions (FAQs) also provides additional information.
EITE covered activities
See emissions-intensive trade-exposed activities.
The Productivity Commission will review the Jobs and Competitiveness Program in the third year of the carbon price (2014–15) and at regular intervals after that. These reviews will consider a range of issues, including whether to adopt the framework for assistance proposed by the Garnaut Climate Change Review—Update 2011.
The Productivity Commission will also examine the impact of carbon pricing on the competitiveness of emissions-intensive trade-exposed industries, and may recommend changes to the assistance rates or the carbon productivity contribution that applies to any particular activity.
In addition, entities may ask the Government to assess the impact of the carbon price on their sector. The Government will establish guidelines that set out when such requests would be referred to the Productivity Commission and the terms of reference for such reviews.
Regular reviews will ensure that the Jobs and Competitiveness Program remains in step with international action on climate change and continues to support jobs and competitiveness.
Publishing information about the issue of free carbon units
- Information about the issue of free carbon units is published in accordance with section 198 of the Clean Energy Act 2011. For more details, see issue of free carbon units.
- Quarterly reports on the issue of free carbon units will be published as soon as practicable after the end of each quarter.
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