| Tony Abbott says he will never put the environment ahead of the economy, but it is impossible to segregate the two. In case you haven't noticed, a lot of economists are very concerned about Tony Abbott's choice of target for the reduction in greenhouse gas emissions by 2030, to be taken to the international climate change conference at Paris in December.
But if you think that means they believe Abbott's target is too tough and will do too much damage to the economy, you've got the wrong end of the stick. Most would be likely to believe the target should be more ambitious, and few would be concerned that such a target would do significant economic harm. Conventional economic modelling almost invariably shows the loss of economic growth would be surprisingly small, almost trivial...............................................Full Article: Source
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