At last, there's a glimpse of an ETS in Australia
3 Nov 2014
By ANNA SKARBEK,- With the passage of the Emissions Reduction Fund through the Senate last week, Australia's federal government has taken a step toward achieving the country's minimum target to reduce greenhouse gas emissions to 5 per cent below 2000 levels by 2020.
The Emissions Reduction Fund is the centrepiece of the Coalition’s Direct Action plan, which will replace the Carbon Pricing Mechanism repealed in July this year.
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