ECONOMIC AFFAIRS: Realistic emissions policy torpedoed by ideology*

In the last News Weekly (June 9, 2007), Colin Teese argued that Australia could cut its CO2 emissions, with minimal adverse effect, by turning to alternative energy sources such as ethanol and nuclear power. However, as he argues here, such an approach would require government economic management and would hence be strenuously opposed by free-market ideologues.A realistic and practical formula I set out for dealing with the matter of Australia’s carbon emissions was constructed after consultatio…

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