This latest report by MMA explores the significance of early action towards a greener electricity regime inorder to avoid drastic economic impact in the near future. The Emissions trading scheme for Australian economy is scheduled to be put in place in the next 4 – 5 year period. The carbon price is alleged to be set low in the intial stages to prevent an economic imbalance. After the intial stages the carbon price is to be increased. In the current scenario, the logical response would be to invest in strategies that offer solution rather than strategies that offer mitigation.