Antinuclear

Economic case for a carbon price in Australia

Time for Australia to Go Green Green News and Ecological Awareness , 25 Aug 2010, Australia’s Climate Institute estimated that an absence of a carbon price will cost both the country’s economy and consumers an additional 2 billion dollars by 2020. “It would be better in the long run if we had a carbon price,” said Mr. Warren of the Clean Energy Council. “It’s the economic tool of choice, because it’s seen as being the most efficient and most effective.”Furthermore, he also said, “Once introduced, it creates a core signal to business to change their investment patterns. Without it we are in a second-best market. We encourage a more cooperative approach to a AU carbon scheme as quickly as possible.” However, the bipartite agreement which helped pass the laws on renewable energy does not include the issue on carbon….. Time for Australia to Go Green Green News and Ecological Awareness | Green News and Ecological Awareness

August 25, 2010 - Posted by Christina Macpherson | climate change - global warming, General News | antinuclear, Australia, carbon, climate change, climate change - global warming, renewable