Friday, July 04, 2008

Unit 2: Australia's proposed emissions trading scheme

The BBC reports plans in Australia to start a carbon emissions trading scheme

http://news.bbc.co.uk/1/hi/world/asia-pacific/7489817.stm video
http://news.bbc.co.uk/1/hi/world/asia-pacific/7489411.stm article

a) How would such a scheme work?
b) What drawbacks would there be to the introduction of such a scheme?
c) Comment on the likely success of this scheme compared to other actions the Australian government could take

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