Australia: Businesses will have to pay for carbon emissions trading scheme

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Businesses will have to pay to pollute under Australian government proposals for a carbon emissions trading scheme.

Senator Penny Wong, minister for climate change and water, this month unveiled a Green Paper on the government’s Carbon Pollution Reduction Scheme.

She told the National Press Club in Canberra: “The Carbon Pollution Reduction Scheme is a response to climate change that is economically responsible, supports families and prepares Australia for our future challenges.”

She explained that climate change threatened not only food production, agriculture and water supplies but the country’s multi-billion dollar tourism industry, built on such icons as the Great Barrier Reef and the Kakadu wetlands. Read more

Source: edie News



This entry was posted on Tuesday, July 29th, 2008 and is filed under Corporate Responsibility News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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