Article 1AG6B Carbon price needed to avoid economic disruption from Paris climate goals – analysis

Carbon price needed to avoid economic disruption from Paris climate goals – analysis

by
Lenore Taylor Political editor
from on (#1AG6B)

Climate Institute says regulations to phase out coal-fired generators and subsidies to encourage clean energy are needed

Australia faces significant economic disruption in 2030 to meet the Paris climate goals unless action is quickly taken, according to a new analysis.

The analysis, for the Climate Institute, recommends implementing a carbon price and regulations to phase out coal-fired generators, and additional subsidies to encourage clean energy investment.

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