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Last updated on August 5th, 2017 at 02:58 pm
Yielding to demands from the Sydney Morning Herald (among others), John Howard proposes a carbon trading scheme. The Herald’s reaction:
Emissions plan hurts households …
Electricity and fuel bills will rise and the only way to avoid the sting will be to use less, under the national emissions trading system to be adopted by the Howard Government.
Did they think such a system might somehow reduce costs? The Age is of a similar view:
Australians will face higher electricity and petrol prices and slower economic growth under a climate change blueprint branded too little too late by its critics.
We await from these critics a plan that will deliver cheaper power, increased economic growth, and reduced emissions.