Outlines which OECD countries include or exclude food, health, education and financial services from their respective consumption taxes, along with various countries’ general consumption tax rate. Introduction At the time the Goods and Services Tax was introduced, health, education and financial services and some food...

Against the background of declining support for in Australia for greenhouse gas emissions trading, this paper surveys recent emissions trading developments worldwide. The former Rudd Government deferred the proposed emissions trading scheme, the Carbon Pollution Reduction Scheme to at least 2013 due to the slow...

Emissions trading gets a lot of bad press. James Hansen, a leading advocate for climate change legislation, has rejected emissions trading altogether in favour of a carbon tax. In an open letter delivered on 29 December 2008 to then President-Elect Obama, Dr Hansen described cap-and-trade...

This paper is designed to provide readers with a summary of superannuation taxation, contribution, preservation and payment rules.

The Clean Development Mechanism is an avenue for industrialised countries to undertake carbon abatement projects in developing countries. This Background Note provides information on the CDM and its associated emissions credits. The mechanism is an element of the Kyoto Protocol to the United Nations Framework...