07.10.2008 - Emissions trading scheme will drive industry offshore
From News.com.au: Big business will put more pressure on the Rudd Government to delay its emissions trading scheme - predicting a million jobs may be lost if it goes ahead. The Australian Industry Group's formal response to the Government's green paper has recommended a "gentle start" to an emissions trading scheme, with low administration costs. In a move that was likely to fuel Opposition Leader Malcolm Turnbull's assault on the Government's intention to start an ETS by 2010, the Ai Group warned that industries such as smelters, manufacturers and cement makers could be forced to move offshore..... Full Article: Source
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