Australia’s emissions trading scheme revealed
December 16, 2008, 8:40 am
Filed under: News
Filed under: News
The Australian government has released details of the proposed Australian emissions trading scheme, The Carbon Pollution Reduction Scheme.
The reduction targets are between 5% – %15 by 2020 over 2000 emission levels, with a 60% reduction by 2050. It should be noted however, that because the Australian population is projected to grow strongly that the reductions per capita are 34% – %41 over 1990 levels. New technology will play a critical role in meeting the per capita targets.
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