The Carbon era is upon us. Since our Prime Minister Kevin Rudd has ratified the Kyoto Protocol we now have a unanimous agreement among the Commonwealth Government and the State and Territory Governments to introduce a national greenhouse gas emissions trading scheme. We will see this coming into effect in 2010 most likely in the form of a Cap and Trade system and I will be posting the legislation as it is released but for now we have to sit and wait and see what they come up with.