Confirming concerns being raised by members across the resources and energy sector, recent analysis by BAEconomics has found that when Australia's Carbon Pollution Reduction Scheme (CPRS) is compared with the European Union’s emissions trading scheme, even if all the amendments sought by the Coalition are adopted, Australia’s key export industries will face the toughest emissions trading scheme in the world.

When BAEconomics applied the European Union's eligibility rules for transitional assistance for trade-exposed firms to Australian industry, it found there were up to 38 Australian business sectors that would face the full CPRS energy tax in Australia that would not have to so so if they were located in the European Union. The mining and mineral processing sector is one such sector

Read the BAEconomics report here.