House of Representatives

Clean Energy Amendment (International Emissions Trading and Other Measures) Bill 2012

Clean Energy (Charges-Excise) Amendment Bill 2012

Clean Energy (Charges-Excise) Amendment Act 2012

Clean Energy (Charges-Customs) Amendment Bill 2012

Clean Energy (Charges-Customs) Amendment Act 2012

Excise Tariff Amendment (Per-tonne Carbon Price Equivalent) Bill 2012

Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-Tonne Carbon Price Equivalent) Bill 2012

Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-Tonne Carbon Price Equivalent) Act 2012

Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Per-Tonne Carbon Price Equivalent) Bill 2012

Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Per-Tonne Carbon Price Equivalent) Act 2012

Clean Energy (Unit Issue Charge-Auctions) Amendment Bill 2012

Clean Energy (Unit Issue Charge-Auctions) Amendment Act 2012

Explanatory Memorandum

Minister for Climate Change and Energy Efficiency, the Hon Greg Combet AM MP

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
AIIU Australian-issued international unit
ANREU Act Australian National Registry of Emissions Units Act 2011
ANREU Regulations Australian National Registry of Emissions Units Regulations 2011
The bill References to 'the bill' are to the Clean Energy Amendment (International Emissions Trading and Other Measures) Bill 2012
Carbon pricing mechanism or mechanism The carbon pricing mechanism set up by the CE Act
CE Act Clean Energy Act 2011
CE (Charges-Customs) Act Clean Energy (Charges-Customs) Act 2011
CE (Charges-Excise) Act Clean Energy (Charges-Excise) Act 2011
CE (IUSC) Act Clean Energy (International Unit Surrender Charge) Act 2011
CE (Unit Issue Charge-Auctions) Act Clean Energy (Unit Issue Charge-Auctions) Act 2011
CER Certified Emission Reduction unit
CFI The Carbon Farming Initiative
The amendment bills The package of bills including the Clean Energy Amendment (International Emissions Trading and Other Measures) Bill 2012, the Excise Tariff Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Per-tonne Carbon Price Equivalent) Bill 2012, the Clean Energy (Charges-Excise) Amendment Bill 2012, the Clean Energy (Charges-Customs) Amendment Bill 2012, and the Clean Energy (Unit Issue Charge-Auctions) Amendment Bill 2012
Clean Energy Legislative Package The package of Acts including:

Clean Energy Act 2011;
Clean Energy (Consequential Amendments) Act 2011;
Clean Energy Regulator Act 2011;
Climate Change Authority Act 2011;
Clean Energy (Unit Shortfall Charge-General) Act 2011;
Clean Energy (Unit Issue Charge-General) Act 2011;
Clean Energy (Charges-Excise) Act 2011;
Clean Energy (International Unit Surrender Charge) Act 2011;
Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment Act 2011;
Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment Act 2011;
Fuel Tax Legislation Amendment (Clean Energy) Act 2011;
Excise Tariff Legislation Amendment (Clean Energy) Act 2011;
Customs Tariff Amendment (Clean Energy) Act 2011;
Clean Energy Legislation Amendment Act 2012.

Eligible Kyoto unit A Kyoto unit that is also an eligible international emissions unit
ERU Emissions Reduction Unit
EU European Union
EU Directive Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC
EU ETS The European Union Emissions Trading System
European allowance unit An allowance within the meaning of the European Union Greenhouse Gas Emission Allowance Trading Directive, but excluding allowances issued in respect of aviation activities
Excise Tariff Act Excise Tariff Act 1921
Fuel Tax Act Fuel Tax Act 2006
GST Goods and Services Tax
Kyoto unit An Assigned Amount Unit, a Certified Emission Reduction unit, an Emission Reduction Unit, a Removal Unit or a prescribed unit issued in accordance with the Kyoto rules
NGER Act National Greenhouse and Energy Reporting Act 2007
OTN Obligation Transfer Number
PEN Provisional Emissions Number
Registry Australian National Registry of Emissions Units
Regulator The Clean Energy Regulator
RMU Removal Unit
SGG (Import Levy) Act Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995
SGG (Manufacture Levy) Act Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995


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