Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 12 : 2-Dec-15

The Australian Government aims to reduce greenhouse gas emissions by 26-28 per cent by 2030 under its Direct Action policy. In contrast, the Opposition has set a target of a 45 per cent reduction in carbon emissions by 2030. However, economist Warwick McKibbin has cautioned against placing too much emphasis on the use of international carbon permits to achieve these targets, as it is difficult to forecast the cost of such permits by 2030.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT