Paris treaty to shrink economy

Original article by Adam Creighton, Ben Packham
The Australian – Page: 1 & 2 : 9-Jan-19

Analysis by the Brookings Institut­ion suggests that the Paris climate change agreement will have a negative impact on the Australian economy and jobs growth, even if the nation were to opt out of the agreement. The report notes that Australia’s fossil exports would still be subject to the Paris agreement’s carbon tax under such a scenario. It also questions whether the Paris agreement would achieve its goals in terms of reducing carbon emissions and limiting global temperature increases.

CORPORATES
THE BROOKINGS INSTITUTION, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIAN NATIONAL UNIVERSITY, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES, MINERALS COUNCIL OF AUSTRALIA, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

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