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Commodities Briefing - Categorized | Environmental Trading more

No to carbon tax or ETS

Posted on 11 July 2013

It is wrong to suggest there is any genuine mainstream business support for an emissions trading scheme. Cost-sensitive and energy-reliant businesses across Australia oppose both an ETS and the carbon tax.
The reason is simple: trade-exposed and vulnerable sectors such as manufacturing are already under enough pressure from international economic uncertainty and exchange rate volatility. They have limited capacity to absorb unilateral cost penalties of any form, let alone those deliberately imposed by government and where their competitors don’t face such charges………………………………………..Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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