Meat & Livestock Australia Limited (MLA) has developed a financial model (the Model) for the purpose of evaluating the likely direct cost impacts of the Australian Government’s proposed Carbon Pollution Reduction Scheme (CPRS) on six red meat processing facilities (the Plants) operated by members of the Australian Meat Industry Council (AMIC) and the Australian Meat Processor Corporation Limited (AMPC). This analysis was undertaken based on the CPRS White Paper (the White Paper) released by the Department of Climate Change on 15 December 2008.