Carbon Pollution Reduction Scheme

01 Mar 2009Archived News Climate Change Matters

Government committed to emissions trading scheme

Despite media reports speculating that the emissions trading scheme may be blocked in the Senate by the Opposition and the Greens, or abandoned in the face of the economic downturn, the Minister for Climate Change and Water, Penny Wong, stated on ABC Radio yesterday: "We believe that a market mechanism such as a carbon pollution reduction scheme is the most cost-effective way of reducing Australia's carbon pollution." 

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