Emissions trading: 'grip on reality' or just 'trust in numbers'?

Climate change Australia

Emissions trading has emerged as the key to reducing carbon emissions by putting a price on carbon. Kevin Rudd supports the idea; even John Howard seemed to come round to it before the election of 2007. There may be contention over the start date and the structure of the scheme, but all round there seems to be agreement that carbon mitigation is primarily a matter of economics and technology. Is that really all there is to it?

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