Australian emissions trading scheme will stunt LNG growth says opposition

The CPRS will begin with an initial fixed price phase of $10/metric ton with free-market pricing beginning in July 2012. By putting a price on carbon, the emissions trading scheme should result in less carbon intensive products being cheaper than their higher carbon intensive competitors.

"By rushing ahead with its flawed Emissions Trading Scheme before the US model is finalised and ahead of the Copenhagen summit in December, the Rudd Government is eroding Australia's natural advantages by inflic