Kerr, Christian
March 2010
Institute of Public Affairs Review;Mar2010, Vol. 62 Issue 1, p3
The article reports on the plan of the Australian government to provide financial incentives to industries to reduce carbon emissions. The plan of the government is neither economically efficient nor environmentally effective. It notes that the Carbon Pollution Reduction Scheme (CPRS) is a giant churn machine offering little environmental gains. According to Coalition climate change adviser Danny Price of Frontier Economics, the action plan is a short-to medium-term stopgap measure.


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