Treasury’s reservations about advice on ETS settings
OIA request reveals it warned Climate Change Commission’s recommendations could drive up prices without making big impact on emissions.
Official paper explains Treasury’s view on changes to the ETS.
The Treasury opposed the Climate Change Commission’s most recent advice on changes to the settings of the Emissions Trading Scheme because it would have driven prices too high.
Treasury advice obtained by NBR under the Official Information Act spells out the concerns raised with ministers before
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