12Authority must have regard to certain principles

12 Authority must have regard to certain principles

In performing its functions, the Authority must have regard to the following principles: (a) the principle that any measures to respond to climate change should: (i) be economically efficient; and (ii) be environmentally effective; and (iii) be equitable; and (iv) be in the public interest; and (v) take account of the impact on households, business, workers and communities; and (vi) support the development of an effective global response to climate change; and (vii) be consistent with Australia’s foreign policy and trade objectives; and (viii) take account of the matters set out in Article 2 of the Paris Agreement; and (ix) boost economic, employment and social benefits, including for rural and regional Australia; (b) such other principles (if any) as the Authority considers relevant.