The carbon pricing mechanism included assistance to certain industries through the:
Successful applicants were able to receive free carbon units, which could then be surrendered to meet their liability under the carbon price, sold back to the Clean Energy Regulator using the buy-back option or traded in the carbon market.
About The Clean Energy Regulator
Carbon Farming Initiative
Carbon Pricing Mechanism
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.