This submission addresses a number of matters related to the draft regulations for the emissions-intensive, trade-exposed (EITE) industries elements of the Carbon Pollution Reduction Scheme.
The submission recommends amendments to the CPRS EITE regulations to ensure that the detail of the scheme is right and that its implementation, in the absence of a global price on emissions, minimises the risks of economic shocks and unintended consequences such as job losses.
A poorly designed CPRS will put future investment and economic growth at risk.