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Australia: Taxing carbon could be better bet than trading
Aug 13th, 2008 by Administrator |

Age: <body>THE recent release of the draft Garnaut report has focused attention on how an emissions trading scheme (ETS) should be implemented in Australia to curb our carbon emissions. In doing this, the report glosses over some considerations and makes assumptions that appear designed to make an ETS a fait accompli as far as the best response to climate change goes. This is unfortunate, as an ETS has some problems that do not arise under a carbon tax. As with many official announcements …

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