Howard government told without a carbon price, emissions would rise
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These included a focus on tree plantations, encouragement for businesses to slice their emissions, the introduction of ethanol into petrol and subsidies to boost investment in renewable energy.
They noted Australia had a “poor international reputation for driving fuel efficient cars”, arguing significant gains could be made by improving the nation’s car fleet.
Building codes, reform of the energy market and investment in climate research were all encouraged.
But the departments, which acknowledged the government’s opposition to a price signal, said these would ultimately be expensive initiatives which would not deliver a real impact on the nation’s overall emissions profile.
“The most effective way to reduce emissions would be to combine significant price signals (either general or sectoral increases in taxes on greenhouse producing activities), information so firms and individuals can reduce greenhouse production, opportunities to invest in carbon sinks and some degree of compulsion to address areas where markets cannot be made to work effectively,” they said.
Article source: https://www.smh.com.au/world/central-america/panic-as-venezuela-hit-by-magnitude-7-3-earthquake-20180822-p4zz2e.html?ref=rss&utm_medium=rss&utm_source=rss_world
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