ENERGY I: ETS will deter oil and gas exploration*

Comparatively little attention has been given to the problem of Australia’s increasing dependence on imported fuel, which is expected to increase over the years ahead, and will be adversely affected by an emissions trading scheme (ETS).As a result of the low population density of Australian cities and the vast distances between them, Australia is particularly dependent on the continued availability of diesel and petrol at reasonable prices.The provision of reliable inexpensive energy is crucial …

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