The Australian Government introduced a Carbon Tax in 2012 to mitigate greenhouse gas emissions and to tackle the serious environmental problem of climate change. The Coalition Government introduced a Direct Action Plan to replace the Carbon Tax and to achieve the same goal of greenhouse gas mitigation. Compare and contrast these two policies and evaluate the likely impacts of both policies on your selected corporate case or a sector by applying the knowledge gained from the course. In your response, as a minimum, you should: 1)Describe the predicted climate change impacts on your chosen case or sector. 2)Discuss the rationale and the theoretical underpinnings of a carbon tax and compare it with the Direct Action Plan. 3)Identify various risks and opportunities for the chosen sector or firm in acarbon constrained world. 4)Outline appropriate adaptation strategies.
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