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Radical plan proposes power generators pay close dirty coal competitors

2015-11-18 14:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Power generators would be forced to pay for the closure of a competitors dirty brown-coal fired plant under a radical plan that could help Australia slow the continued increase in electricity sector greenhouse emissions without a carbon price or expensive government subsidies. The idea from Australian National University academics Frank Jotzo and Salim Mazouz offers the government hope of meeting the long-term emission reduction targets it will promise in Paris and provides the energy sector...

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