Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 2-Apr-19
Prime Minister Scott Morrison has criticised Labor’s proposed baseline and credit scheme, describing it as a "massive tax on jobs" that will force affected companies to spend $35bn to buy offshore carbon credits. However, the Greens argue that the scheme does not go far enough, and it should cover a broader range of industries. Greens MP Adam Bandt adds that allowing the use of international carbon permits will delay Australia’s transition to 100 per cent renewable energy. Morrison has also criticised Labor’s 2030 target for electric vehicles to comprise 50 per cent of new cars that are sold in Australia.
CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, THE AUSTRALIAN INDUSTRY GROUP, BUSINESS COUNCIL OF AUSTRALIA, MINERALS COUNCIL OF AUSTRALIA