Australia now has a price on carbon emissions. While the agricultural producers are not required to pay a direct carbon price, flower growers will need to come to terms with the carbon price scheme and its impact on farming businesses. This article will give a brief summary of how it works, what the effects are likely to be and how you might be able to minimise any negative impacts.
What is it?
The carbon price is the key component of the Commonwealth Government’s Clean Energy Future policy. The Emissions Trading Scheme (ETS) that forms the basis of the carbon price is based on a cap-and-trade model. The same policy approach has been adopted in many other countries (e.g. the European Union, New Zealand and South Korea) because it is believed to provide the cheapest and most flexible method to reduce emissions while sustaining economic growth. 

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