Leaked report says ETS will cost jobs, cut wages
29 Apr 2008
Wage cuts of $2.30 an hour, 22,000 lost jobs and a cost of households of up to $5000 a year are among the predictions contained in a report into the economic impact of the emissions trading scheme, Carbon News has learnt.
The report, by the private research firm New Zealand Institute of Economic Research, is due to be released later this week – probably tomorrow.
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Story copyright © Carbon News 2008
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