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PM warns business of climate change cost
25-August-08
Written by AAP
Prime Minister Kevin Rudd has warned business his government's commitment to tackling climate change will come at a cost.
Mr Rudd was responding to the Business Council of Australia's finding that emissions trading would force a third of Australian businesses to go under unless the scheme was fundamentally redesigned.
The BCA released modelling last week showing emissions trading would be fatal to many companies, and slash the profits of others.
The council issued a list of demands for the federal government including holding off on emissions trading until international agreements are forged.
Article continues...
25-August-08
Written by AAP
Prime Minister Kevin Rudd has warned business his government's commitment to tackling climate change will come at a cost.
Mr Rudd was responding to the Business Council of Australia's finding that emissions trading would force a third of Australian businesses to go under unless the scheme was fundamentally redesigned.
The BCA released modelling last week showing emissions trading would be fatal to many companies, and slash the profits of others.
The council issued a list of demands for the federal government including holding off on emissions trading until international agreements are forged.
Article continues...
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Kind regards
Harry Kleyn - Publisher
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