Cheap permits an option for emitters

Original article by Phillip Coorey
The Australian Financial Review – Page: 1&8 : 12-Aug-15

The Australian Government has announced a plan to cut emissions by 26 per cent to 28 per cent from 2005 levels by 2030. Foreign Minister Julie Bishop said on 11 August 2015 that the Government did not abandon the idea of allowing Australian companies to trade in international permits. This option will be reconsidered in 2017-18 or later.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, SNOWY HYDRO LIMITED, THE AUSTRALIAN INDUSTRY GROUP, CLIMATE INSTITUTE (AUSTRALIA) LIMITED

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