NEWS ARCHIVE

Garnaut: No emissions trading if no global deal

THE Garnaut report on emissions targets released last week presents an about turn from the key Federal Government advisor, who now recommends postponing carbon trading in favour of a $20 carbon levy until the earlier of internationally binding targets or 2020. <b>By lawyer Fiona Melville</b>.

Garnaut: No emissions trading if no global deal

In Professor Ross Garnaut's June report the fixed permit price was stated to be the second-best transitional option for 2010-2012, with the favoured option being a fully operational carbon trading scheme...

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