ETS should be delayed until economy recovers: Caltex

By Jessica Stanic · 22 April 2009 · News

ETS Delay Suggested Amid Economic Uncertainty

A major energy player is calling for a pause on the Government's Emissions Trading Scheme, citing economic conditions. But what does this mean for Australia's climate goals?

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Summary

A Senate inquiry into the Government’s proposed Emissions Trading Scheme (ETS) has heard the scheme should be put on hold until the economy recovers, according to Caltex Australia Ltd. spokesman Frank Topham. He said emissions were less likely to rise during tough economic times and a delay would be appropriate. “We believe (the ETS) should […]