The great climate change challenge: [Address to The Sydney Institute on 27 August 2008.]
by Greig Gailey
from The Sydney Papers, Winter 2008
"The Rudd Government plans an Emissions Trading System (ETS) by 2010 that will impose a cap on emissions of greenhouse gas. Large emitters such as manufacturers and electricity generators will need to buy permits from the government for their emissions. This will put a price on carbon, creating economic incentives for emissions to be reduced. Permits can also be traded. The Business Council of Australia has expressed concerns about the effect of such an ETS on companies. with international competitors that
do not face similar cost imposts. To give the BCA's view on the government ETS proposal, BCA President Greig Gailey addressed The Sydney Institute on Wednesday 27 August."
2008."