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More concerns over carbon trading

Posted on 14 November 2008

From ABC: Another Tasmanian industry has expressed concern at the Federal Government’s proposed emissions trading scheme. Cement Australia, based at Railton, says as a high emissions polluter the company would get some transitional funding from the government.

The company’s sustainability manager, Stuart Ritchie, says the big unknown is the price of carbon as a trading mechanism. Mr Ritchie says the Federal Government’s green paper points to an initial allocation of 90 per cent of total carbon liability coming through an allocation of permits…… Full Article: Source


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