On July 1 2012, in a flurry of media coverage, the Government’s carbon pricing mechanism, established by the Clean Energy Act, commenced operation. But what impact will this new legislation have on small businesses?
The carbon tax is coming, and lawyers are warning that businesses must review their contractual rights and obligations around the passing on of carbon costs so they’re not left with an unacceptable share of the cost burden when the legislation kicks in.
The Gillard Government has promised its Clean Energy Future program will support Australian jobs by assisting businesses to survive and prosper in a low carbon economy.
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