Commonwealth Numbered Acts Commonwealth Numbered ActsThe following is a simplified outline of this Part:
• The regulations may declare that:
(a) a quantity of greenhouse gas that has a carbon dioxide equivalence of a specified number of tonnes is the carbon pollution cap for a flexible charge year; and
(b) that number is the carbon pollution cap number for that flexible charge year.
Note: The carbon pollution cap limits the sum of:
(a) the total number of auctioned carbon units; and
(b) the total number of free carbon units issued in accordance with the Jobs and Competitiveness Program; and
(c) the total number of free carbon units issued in accordance with Part 8 (coal-fired electricity generation).