Australia's Commonwealth, State and Territory Governments commissioned the Garnaut Climate Change Review, an independent study by Professor Ross Garnaut on the mechanism of a 650-621 potential emissions trading scheme. Its interim report was released on 21 February 2008. It recommended an emissions trading scheme that includes transportation but not agriculture, and that emissions permits should be sold competitively and not allocated free to 350-018 carbon polluters. It recognised that energy prices will increase and that low income families will need to be compensated. It recommended more support for research into low emissions technologies and a new body to oversee such research. It also recognised the need for transition assistance for coal mining areas.
In response to Garnaut's draft report, the Rudd Labor government issued a Green Paper 640-801 on 16 July that described the intended design of the actual trading scheme. Draft legislation will be released in December 2008, to become law in 2009
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