Abstract
The future of carbon policy in Australia is still unclear, despite a change of government at the 2013 federal election. The Coalition Government is committed to repealing the existing carbon tax and replacing it with an incentive scheme to fund emissions-reduction projects under the banner of direct action. They may not, however, be able to get their legislative proposals for the repeal through the senate until mid-2014 or later. By the time of the APPEA Conference and Exhibition in 2014, businesses may have greater certainty on carbon policy than they have had for some time; however, this is unlikely. This extended abstract examines and reviews: the key carbon policy measures and carbon pricing mechanisms at the federal level; the key issues for the gas sector for 2014–15 if the carbon tax still exists; the operation of the coalition’s direct action plan and its implications and opportunities for the gas sector; and, other countries’ plans and actions in relation to carbon, as relevant to an increasingly international gas market.
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