Carbon price claims
A carbon price has been brought into Australia from 1 July 2012. The carbon price applies to certain greenhouse emissions, with some large businesses being required to purchase carbon credits against their emissions.
Under the Competition and Consumer Act 2010 businesses must not make false, misleading or deceptive claims about the price of goods or services. This includes false or misleading claims linking price rises to the carbon price.
Leading up to and following the start of the carbon price, if you make claims about the impact of the carbon price, these claims need to be truthful and have a reasonable basis. The same legal obligations not to mislead or deceive apply.
The Australian Competition and Consumer Commission (ACCC) will be making sure that businesses do not make misleading statements. If you make a such a statement, the ACCC may ask you to provide information in support of that claim.
For more information on carbon price claims and what types of information you should have before making a claim, visit the ACCC website.