Subsidies of the Australian Clean Energy Package

Journal of Law and Financial Management, Vol. 12, No. 2, November 2013

26 Pages Posted: 15 Nov 2013

See all articles by Felicity Deane

Felicity Deane

Queensland University of Technology

Date Written: November 15, 2013

Abstract

The Australian Clean Energy Package has been introduced to respond to the global challenge of climate change and reduce Australia’s greenhouse gas emissions. It includes legislation to establish an emissions trading scheme. In support of the entities that are liable under this Package, there are a number of assistance measures offered to alleviate the financial burden that the Package imposes. This paper considers whether these assistance measures are subsidies within the context of the law of the World Trade Organization. In order to do this, the rules of the Agreement on Subsidies and Countervailing Measures are examined. This examination enables an understanding of when a subsidy exists and in what circumstances those subsidies occasion the use of remedies under the law.

Keywords: finance, law

JEL Classification: M40, M41

Suggested Citation

Deane, Felicity, Subsidies of the Australian Clean Energy Package (November 15, 2013). Journal of Law and Financial Management, Vol. 12, No. 2, November 2013, Available at SSRN: https://ssrn.com/abstract=2354891

Felicity Deane (Contact Author)

Queensland University of Technology ( email )

2 George Street
Brisbane, Queensland 4000
Australia

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