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Anxious investors want to see price on carbon

Monday 13 Mar 17 10:00am


AUSTRALIA should put a price on carbon or risk investors moving their money out of the country, says a group representing more than $1 trillion worth of investment in New Zealand and Australia.

Australia’s carbon tax and plans for an emissions trading scheme were scrapped in 2013 and replaced with a system in which the Government buys emissions reductions from companies in a reverse auction.

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