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Time to move on from Direct Action subsidies?

Paul Burke, in The Conversation (16.5.16) suggests that Direct Action, the centrepiece of Australia’s current greenhouse gas reduction efforts ‘is likely to be less useful in reducing emissions than the goverment is claiming’.

He writes that Australia has a big challenge ahead in decarbonising our economy.

‘There are many opportunities, but we need to get our policy settings right. It would be better to move on from Direct Action subsidies. An approach bcentred on pricing emissions makes more sense.’

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