Part I. Introduction and Overview -- 1. Overview -- Part II. The Taxation of Natural Resources and the Environment, Revenue Sharing and Revenue Fund Management -- 2. The Taxation of Natural Resources: Principles and Policy Issues -- 3. Green Taxes and Policies for Environmental Protection -- 4....

The tax treatment of transactions under an emissions trading scheme is of critical importance as the taxation system has the potential to either distort or support the scheme. As pointed out in the Australian Government's recent discussion paper, the "Green Paper", the primary tax policy...