Raising ETS issues

Australia emissions


It now seems certain that Australia will have a cap-and-trade emissions trading scheme (ETS) by 2011, which, says Prime Minister John Howard, "will include maximum practical coverage of emissions sources and sinks, and all greenhouse gases". Both of Australia's major political parties, and most of the country's industry, support the government's proposals. Yet there are concerns that many of the Australian companies affected by the scheme will not be adequately prepared for it.

Unlike the Europea