Key economist cited in climate row lends weight to Labor's policy

The key economist cited in the election row on climate change has doused fears of a major blow to growth from deeper cuts to greenhouse gas emissions, saying the impact would be a "small fraction" of the economy by 2030.

Bill Shorten's use of international carbon permits has been backed.

Australian National University Professor Warwick McKibbin said federal government policy to reduce carbon emissions would subtract about 0.4 per cent from the economy by 2030 under the two main targets being put to voters.

Read the story from The Age by David Crowe - “Key economist cited in climate row lends weight to Labor's policy.”