Tuesday, 7 October 2008

$40bn costing

Adelaide Advertiser
Monday 22/9/2008 Page: 2

AN EMISSIONS trading scheme introduced without energy efficiency measures or renewable energy targets would cost the electricity sector more than $40 billion, new modelling will show today. The modelling, commissioned by the Climate Institute Australia, says energy efficiency improvements ... will reduce the longterm cost of reducing emissions. Chief executive John Connor said: "The modelling shows that the most cost effective way to clean up Australia's electricity generating sector is by tapping into huge energy efficiency opportunities."

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