RepuTex analysis indicates that Direct Action could drive savings for industry – and emissions reductions – if calibrated to meet Australia’s 5% emissions target. RepuTex studied the impact of Direct Action on the Australian coal industry, finding that the sector could achieve emissions reductions at a saving of over A$800m compared to the CPM. Additional savings could also be driven by the use of offsets, with structural changes to policy required if Direct Action is to pass the Senate.
To access RepuTex’s Market Briefing, Free Ride or Fair Share – Transitional costs for the Australian coal industry from the CPM to Direct Action, please refer to the downloads box below.