Government opts for carbon trading soft launch
THE Government's green paper on carbon trading uses adjectives like "smoother", "gradual", and "measured" to describe the scheme's implementation, because cutting Australia's emissions by 60% in four decades is going to produce profound structural change, and, inevitably, political repercussions. Like a dentist poised above you, drill in hand, the Government wants to warn us the process will be difficult and reassure us it will be no more painful than is necessary.