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Emissions trading scheme will hit Queensland mining

Posted on 31 October 2008

From News.com.au: Queensland’s booming mining towns like Gladstone and northern coal towns will be robbed of billions of dollars under a federal plan to slash carbon emissions.

The most comprehensive Treasury modelling undertaken in the nation’s history shows that even under modest cuts to emissions by 2050, Queensland’s gross product is forceast to fall by 6 per cent – more than any other state….. Full Article: Source


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