The Australian Federal Budget of 2016/17 contains a surprising number of tax changes. This paper analyses the known details of the proposals as well as reviewing those proposed by the main opposition party

The Paris Agreement reinvigorated the use of carbon markets as a means to confront climate change. Both domestic and multi-jurisdictional mechanisms directed at carbon credit creation and trading were endorsed. In particular, a new measure was proposed to replace the Kyoto Protocol's Clean...

Australians are amongst the highest per capita emitters of carbon on Earth. The evidence is now clear that climate change will terribly impact all living things. As the window of opportunity to prevent this closes the country prevaricates on the need to act, rather deferring the cost to future...

With Japan's withdrawal from the Kyoto Protocol it looked to contributing to reductions in global emissions through bilateral agreements with other countries. The mechanism used is termed the Bilateral Credit Mechanism. It borrows from the Kyoto Clean Development Mechanism but with some...

The Australian and Japanese Governments have both come to appreciate that corporate reorganisations are necessary for an efficient economy and are therefore to be encouraged. Thus, tax relief has been provided in both countries; though only very recently in Japan. Intra-group transactions under...

In 2010 the Japanese Government made substantial commitments to the reduction in greenhouse gas emissions. In particular it proposed a 25% reduction on 1990 levels by 2020 and an 80% reduction by 2050. At the forefront of this policy was to be an additional (carbon) tax on fossil fuels,...