Major emitters group: delay ETs till we see Australia's scheme
11 Apr 2008
As the dark clouds of a possible recession gather on the horizon, the prospect of facing increased fuel and electricity costs as a result of the most ambitious emissions trading scheme in the world is certain to be adding to business pessimism, according to the Greenhouse Policy Coalition.
The Finance and Expenditure Select Committee is currently hearing submissions on the Climate Change (Emissions Trading and Renewable Preference) Bill, and many risks of being an early mover are now being exposed, according to the Greenhouse Policy Coalition, which represents many large industrial companies in the energy intensive sector.
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