Pollution reduction not 'cost free'
Prime Minister Kevin Rudd has warned business his government's commitment to tackling climate change will come at a cost. Mr Rudd was responding to the Business Council of Australia's (BCA) finding that emissions trading would force a third of Australian businesses to go under unless the scheme was fundamentally redesigned. The BCA released modelling last week showing emissions trading would be fatal to many companies, and slash the profits of others.
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