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Australian carbon price scrapping seen as ‘backwards step’, says IPCC author

Posted on 14 April 2014

IPCC report says carbon pricing is ‘cost-effective incentive for everyone to look for their best option to lower emissions’. The international community believes Australia is taking a “backwards step” by scrapping carbon pricing, which is seen as a key tool in cutting emissions, according to an Intergovernmental Panel on Climate Change lead author.
Prof David Stern, a lead author of the UN report which was released on Sunday, said although the IPCC was policy-neutral, the report makes clear the benefits of carbon pricing………………………………………..Full Article: Source


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