Minister is trying to downplay cost of emissions trading
19 May 2008
The introduction of the emissions trading Bill could have far reaching economic consequences and the public deserve some clarity around the predicted costs of the scheme, says Greenhouse Policy Coalition executive director Catherine Beard in a statement.
"David Parker spent most of 2007 selling this scheme to the public on the basis that it would be low cost and the economic effects would be "miniscule", based on a carbon price of $15/tonne, when in fact the price of carbon was trading at double those prices on international carbon markets at the time."
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