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Australia's Emissions Reduction Fund is almost empty. It shouldn't be refilled

  • Written by Ian A. MacKenzie, Senior Lecturer in Economics, The University of Queensland

Australia’s flagship climate policy, the Emissions Reduction Fund (ERF), has come in for fresh questions over whether the emissions allowances offered to big businesses will wipe out much of the progress made elsewhere.

This voluntary scheme – the central plank of Australia’s efforts to reduce greenhouse gas emissions by 26-28%...

Read more: Australia's Emissions Reduction Fund is almost empty. It shouldn't be refilled