Shell ceo says carbon price needed to tackle climate change was too high

Shell ceo says carbon price needed to tackle climate change was too high

The government has said carbon price, which has now been set at $20 per tonne for most purposes, was too high.

Saying it ha바카라사이트d not been a «fair and impartial price», it warned that setting a low price on carbon emissions was «highly speculative».

This included «a carbon price set by a small group of vested interests and institutions».

Mr Morrison told parliament in the wake of the Paris climate change agreement that the government would work with community groups to develop a $15 a tonne price.

The government, he said, would also develop a price on carbon emissions, using existing policy powers, under the national electricity market.

However, the federal environment minister, Josh Frydenberg, said the government’s new pricing tool, which had not yet been implemented, would allow for a gradual reduction in the cost of electricity over time.

Mr Morrison’s comments come after the Turnbull government announced its climate change agenda on Thursday which includes a new national action plan for the emissions trading scheme.

Mr Frydenberg said the government had identified «no short-term shortfalls in our environmental portfolio», because all policy levers were under «robust control».

He said Mr Morrison’s announcement had not been made available at the time and that the Government was currently working with community groups on a new carbon price.

A spokesman for Mr Morrison told the ABC it was a «matter for him and the government as well as the business community».

Mr Frydenberg also said the $15 a tonne price was not the final price as it was only a guide; «there’s a lot of other aspects to consider including how much will the market, with the new infrastructure we’re creating, and how will we manage the transition.»

«That decision in the end will be driven by the market and that means we need to take a very close look at the different forms of emission trading we need to bring forward,» he sa바카라id.

The government says the carbon pricing scheme will help create jobs, ensure that greenhouse gas emissions are cut, protect businesses from unnecessary carbon costs and reduce electricity prices by more than $US40 ($55) a year by 2030.

An Australian carbon prici카지노 사이트ng target could see about 70 per cent of Australians pay their fair share.


Topics: climate-change, environment, government-and-politics, federal-government, federal-parliament, australia

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