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Economists back carbon pricing as effective tool against climate change

2014-03-14 20:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: Three of Australia's senior economists have backed carbon pricing as the most effective way to reduce carbon emissions. One, former Reserve Bank governor Bernie Fraser, also said the Abbott government was working in the short-term interests of business and not the long-term interests of the public in its policies on climate change. Mr Fraser, in an address to the National Press Club, expressed surprise at the ''brazenness and scale'' of the campaign waged by the government and big business...

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