TIMETABLE FOR INTRODUCTION OF EMISSIONS TRADING SCHEME
March to June 2008 Phase 1 consultation with stakeholders

July 2008 Public release of the Green Paper on scheme design
July to September 2008 Phase 2 consultation on the Green Paper
December 2008 Public release of exposure draft of legislative package
December 2008 to February 2009 Phase 3 consultation on exposure draft legislation package
End 2008 Firm indication by Government of planned medium-term trajectory for the scheme
March 2009 Bill introduced into Parliament
Mid-2009 Government aims to achieve passage of bill by Parliament at this time
During 2009 Phase 4 consultation on emissions trading regulations
3rd quarter 2009 Act enters into force; scheme regulator established
2010 Emissions trading scheme will commence