Summaries - Australian Financial Review
Friday 5/12/2008 Page: 10
The Federal Government has been told by senior private sector economists that it should sustain a number of key principles in the design of its planned emissions trading scheme. In an open letter released late yesterday, seven leading economists - nabCapital's Rob Henderson and Peter Jolly, Citigroup's Stephen Halmarick and Paul Brennan, and Financial Sector Services's Geoff Weir - warn that despite the financial crisis the government should not provide too many exemptions, even as regards petrol, under the ETS. The Greens, independent Nick Xenophon and Family First's Steve Fielding all support the 2010 start date for the ETS.
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