Wong must cap and slice

by Richard Denniss in The Australian
Originally published in The Australian on March 2, 2009

The CPRS in its current form is deeply flawed. If the government wants to see the legislation passed, it is going to have to amend its proposal. In order to take advantage of every additional emissions reduction and allow every concerned citizen to make a direct contribution, the government needs to convert its ‘cap and trade’ scheme to a ‘cap and slice’ scheme, whereby the number of pollution permits are reduced each year directly in line with the amount of pollution saved by voluntary action.

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