8 July 2008
Emissions trade
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According to the Garnaut report emissions trade should start without delay—in 2010. Otherwise climate change would cost Australia not only billions of dollars but also important parts of our unique environment such as the Great Barrier Reef.
Everybody will pay for the scheme: directly through buying emission permits if you're a carbon-emitting industry, and the rest of us will pay for it indirectly through the rising costs of petrol and energy. The government plans to compensate some industries and low-income households. But will that be enough? What are the implications of emissions trading for our economy?
Guests
Greg Evans, Director of Industry Policy and Economics, Australian Chamber for Commerce and Industry
Tony Mohr, Climate Change Program Manager, Australian Conservation Foundation
Annabel Crabb, Political columnist, Sydney Morning Herald
Andrew Macintosh, Associate Director of the ANU Centre for Climate Law and Policy
Further Information
Link to the Garnaut Climate Change Review draft report
Link to the Garnaut Climate Change Review
Link to the Australian Conservation Foundation
Link to the Australian Emission Trading Scheme
Presenter
Antony Funnell
Story Researcher and Producer
Karin Zsivanovits
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