Golf Australia, GMA and AGCSA release carbon tax report
Golf Australia, Golf Management Australia and the AGCSA have released a report which looks at the upcoming introduction of the Federal Government’s carbon tax and its likely implications for golf clubs. With the new carbon tax legislation coming into effect from 1 July 2012, the report, titled ‘The Impact of the Carbon Pricing Mechanism on Golf Club Operations', aims to provide golf clubs with detail of the carbon pricing mechanism and its likely impact on club operations.
Under the carbon pricing mechanism, the biggest emitters in Australia will be required to pay for their emissions, or offset their usage via the purchase of carbon credits. This represents approximately 60 per cent of Australia’s total carbon emissions and includes emissions from electricity generation, some business transport, waste and industrial processes.
The carbon price will be fixed for the first three years and after that it will be determined by the market. Households, farmers and smaller businesses (including golf clubs) will have no direct obligations under the carbon price mechanism. However, golf clubs will be indirectly affected as the impact of the carbon pricing mechanism filters through the supply chain of goods and services that a club typically purchases.
AGCSA members can now view GA/GMA/AGCSA report by logging into the members area of the AGCSA website and heading to the HR and Best Practice section (submenu Carbon Tax). Click here to log into the AGCSA members area.