Raising ETS issues
Australian industry has widely welcomed proposals for a domestic emissions trading scheme. But some stakeholders are concerned about the potential impact on their business. Roderick Bruce reports
It now seems certain that Australia will have a cap-and-trade emissions trading scheme (ETS) by 2011, which, says Prime Minister John Howard, "will include maximum practical coverage of emissions sources and sinks, and all greenhouse gases". Both of Australia's major political parties, and most of the country's industry, support the government's proposals. Yet there are concerns that many of the Australian companies affected by the scheme will not be adequately prepared for it.
Unlike the
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