Posts Tagged ‘ ridout ’

Garnaut pushes low-key target

Sep 6th, 2008 | By David Harper | Category: Australia

The long-awaited Treasury modelling partly unveiled yesterday in Professor Garnaut’s interim report on emissions trading revealed that a 10per cent emissions cut - within a global agreement - would come at a surprisingly low cost for Australia, about 0.1 per cent of GDP a year or a 1.1 per cent reduction in growth by 2020.