Productivity Commissions (PC) report on complementary measures to emissions trading is an important contribution to the climate debate but fails to recognise the significant role complementary measures such as clean energy targets and energy efficiency policy play unlocking Australia’s clean energy future.

The Institute’s initial response is that while there are many conclusions in the PC report that should be supported such as a review of tax incentive and tariffs, the Institute is concerned that this textbook economic analysis is too blinkered.

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