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Australia: Garnaut Report a first step that falls short
Source: Posted: 07-06-2008 at 02:00:25
| Australian: THE commonwealth and the states are united on the need for the establishment of a national emissions trading scheme. Properly implemented, an ETS would provide for carbon emissions abatement to be achieved at minimum cost. However, poor implementation will have significant unintended economic and social consequences. The Garnaut Report was marketed as the first serious attempt at outlining the framework for such an emissions trading scheme. But some of the comments that accompanied ... |
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