Govt promises compensation for emission trading costs
| Source: | Lateline |
|---|---|
| Published: | Wednesday, July 16, 2008 9:47 AEST |
| Expires: | Wednesday, August 13, 2008 9:47 AEST |
The much anticipated green paper on an emissions trading scheme has been released and the system is shaping up as the largest economic adjustment since the GST. It will push up the price of energy and petrol but the Government promises compensation and tax cuts will follow.