Exxon Mobil chief slams Australian ETS modelling
14 Nov 2008
Oil giant Exxon Mobil has taken a potshot at the Australian Treasury's view of the likely economic effects of emissions trading, saying it wanted no part of the carbon reduction scheme.
The company also said policymakers were too ambitious in pinning their hopes on the yet unproven technology of carbon capture and storage (CCS) to buffer Australia's coal dependent economy from a low-emission future.
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