Carbon Pollution Reduction Scheme (CPRS) - Australian Emissions Trading Scheme - Australian Emissions Trading Scheme Australia 2012

Name of policy Carbon Pollution Reduction Scheme (CPRS) - Australian Emissions Trading Scheme
Jurisdiction Country
Supranational region
Country Australia
Region Oceania


Subnational region or state
City or local
Policy objective
  • Mitigation
Type of policy instrument
  • Economic Instruments
    • Market-based instruments
      • GHG emissions allowances
Sector name
  • Agriculture and forestry
    • Electricity and heat
      • Industry
        Policy description "One of the most comprehensive cap-and-trade emissions trading

        schemes in the world. This scheme will be the primary mechanism for achieving Australia’s ambitious emissions reduction targets of 5 to 15% and 25% below 2000 levels by 2020, and 60% below 2000 levels by 2050."

        Policy type
        • Changing activity
        • Energy efficiency
        • Renewables
        • Nuclear or CCS or fuel switch
        • Non-energy5
        Policy stringency
        Implementation state Ended
        Date of decision 2012
        Start date of implementation
        End date of implementation 2014
        High impact No
        Impact indicator


        Source or references http://unfccc.int/resource/docs/natc/aus_nc5.pdf

        http://www.cleanenergyfuture.gov.au/australia-and-europe-to-unite-on-emissions-trading-schemes/

        Supports policies
        Is supported by policies
        Comments (background and assessment)
        Status Final

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