Proposed emissions trading legislation in Australia

The current Australian Carbon Pollution Reduction Scheme (CPRS) legislation disproportionately impacts the coal, aluminium and alumina industries and threatens the viability of low emissions technology development.

Four key areas remain where improvements are required before the CPRS could be introduced without significantly impacting Australian jobs, investments and international competitiveness. Rio Tinto would support the passage of the CPRS legislation through Parliament once these matters have been satisfactorily resolved. Amendments have been drafted to implement these necessary changes. These amendments are consistent with the position Rio Tinto has taken on the CPRS in previous submissions to Government.  See our proposed CPRS amendments.

Date: October 2009