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Federal Government's ETS Green Paper is a Recipe for Radical Transformation of Economy

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Federal Government's ETS Green Paper is a Recipe for Radical Transformation of Economy

If implemented, the measures to curb Australia's carbon emissions foreshadowed in the federal government's Green Paper will bring about a radical transformation of the economy, according to the Institute of Public Affairs, Australia's leading free market think tank.

According to Dr Alan Moran, the Green Paper very substantially underestimates the cost to the Australian economy of an ETS (Emissions Trading Scheme).

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