Monday, January 5, 2009

Emissions reduction scheme-energy firms feel let down

16/12/2008 - Energy companies say the federal government's proposed carbon pollution reduction scheme (CPRS) will result in too heavy a cost burden while others are disappointed there is no support for "green" power generators.

In a white paper on the proposed CPRS release on Monday, the federal government set an absolute maximum cut to emissions of 15 per cent by 2020 - if the world signs an effective climate pact.

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