ECONOMIC EFFICIENCY ENVIRONMENTAL IMPLEMENTATION RECOMMENDATION EQUITY EFFECTIVENESS PROCESS COSTS BENEFITS R. 24 Investigate ways to further Increases administration costs May reduce transaction costs NA Improved information and CER enhance client services, to CER. and increase participation. transparency for clients. CER’s particularly when responding to complex enquiries. R. 25 Expand the regulatory NA Should reduce compliance NA NA Change CFI Act CER’s toolkit to include issuing penalty costs by reducing need to infringement notices. initiate court proceedings. R. 26 Allocate additional funds to the Increases costs for Government Could lead to lower cost May increase abatement Increases stakeholder Australian Government Department to collaborate with and could redistribute existing abatement opportunities. through new methods. engagement and and rural research and research organisations and funds from other areas. participation. development corporations. stakeholders on new methods for May have equity the land sector and require rural implications if there are research and development less funds available for corporations include emissions other programs. reductions as priorities for their R&D work. Note: The implementation column notes how the scheme rules and operation would need to change in order to implement the recommended change. Where an agency (eg CER or Department) is noted, the required change is an internal administrative change that does not require changes to legislation or legislative instruments. Regardless of the technical implementation, scheme participant actions may also need to change to comply with the new arrangements.
RECOMMENDATION ECONOMIC EFFICIENCY ENVIRONMENTAL EFFECTIVENESS EQUITY IMPLEMENTATION PROCESS COSTS BENEFITS R. 24 Investigate ways to further enhance CER’s client services, particularly when responding to complex enquiries. Increases administration costs to CER. May reduce transaction costs and increase participation. NA Improved information and transparency for clients. CER R. 25 Expand the CER’s regulatory toolkit to include issuing penalty infringement notices. NA Should reduce compliance costs by reducing need to initiate court proceedings. NA NA Change CFI Act R. 26 Allocate additional funds to the Department to collaborate with research organisations and stakeholders on new methods for the land sector and require rural research and development corporations include emissions reductions as priorities for their R&D work. Increases costs for Government and could redistribute existing funds from other areas. Could lead to lower cost abatement opportunities. May increase abatement through new methods. Increases stakeholder engagement and participation. May have equity implications if there are less funds available for other programs. Australian Government and rural research and development corporations. Note: The implementation column notes how the scheme rules and operation would need to change in order to implement the recommended change. Where an agency (eg CER or Department) is noted, the required change is an internal administrative change that does not require changes to legislation or legislative instruments. Regardless of the technical implementation, scheme participant actions may also need to change to comply with the new arrangements.
ERF%20Review%20Report.docx