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LABOR AND the Coalition agree Australia must reduce greenhouse gas emissions to 5 per cent below 2000 levels by 2020.
But they disagree vehemently on how to achieve this target.
The Government is "axing" its own carbon tax in favour of a floating carbon price determined by an Emissions Trading Scheme, while the Opposition supports a more 'direct action' policy response.
The Shadow Minister for Climate Action, Greg Hunt, explained his party's policy at a recent public forum hosted by the Grattan Institute. |