Govt accused of $50bn ETS blunder
The Government is being accused of a $50 billion blunder after Treasury said proposed changes to the Emissions Trading Scheme ETS could cost twice as much as originally estimated.
The Government is being accused of a $50 billion blunder after Treasury said proposed changes to the Emissions Trading Scheme ETS could cost twice as much as originally estimated.
MORE than 60 community climate groups have written an open letter to Climate Change Minister Penny Wong demanding the federal government toughen its stance on greenhouse emissions.
The letter calls on the government to scrap its planned emissions trading scheme because its 5-15 per cent 2020 reduction target is “appallingly low”.