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Direct action’s carbon cost to be triple an emissions trading scheme, analysts says

Posted on 14 November 2013

The Abbott government could pay $20 per tonne of carbon dioxide reduced under its new climate plan, three times the level expected under the emissions trading scheme (ETS) it seeks to dismantle, analysts Reputex said.
The Coalition government introduced a bill on Wednesday to scrap the previous administration’s ETS before it is due to take effect in mid-2015, saying the scheme would be too costly for businesses and households. ……………………………………….Full Article: Source


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