70673b93__Garnaut_Climate_Change_Review___Administration_and_regulation
Emissions trading scheme rules All, including coverage, point of obligation, acquittal, offset rules and standards (domestic and foreign),a accounting rules, compliance regime. Undertake reviews of scheme rules. First review to occur two years after commencement.
Advise government on rules and their application. Manage monitoring, reporting and verification systems. Enforce compliance.
The Garnaut Climate Change Review
Independent carbon bank: Administration and regulation