Business faces potentially significant regulatory risks on carbon at state level, with many environmental agencies equipped to impose more stringent requirements.
A new Norton Rose Fulbright analysis details the patchwork of emissions reduction and renewable energy targets that operate in Australian states and territories.
South Australian Premier Jay Weatherill today said it was possible for states to establish an emissions trading scheme for the power industry without federal involvement.
The South Australian government today revealed it will help spearhead efforts to establish a national emissions trading scheme for electricity generators.