The heads of prominent Australian manufacturing businesses say it is not yet possible to quantify the financial impact of Labor’s proposed emissions plan, but some warn the added pressure could leave them little choice but to shift investment offshore.
 |
| Ruffy Geminder from Pact group. |
Emissions-intensive manufacturers are set to be among the hardest-hit under the Opposition’s expanded carbon-reduction plan, which sets new emissions limits for businesses that emit more than 25,000 tonnes of carbon a year in a bid to slash national emissions by 45 per cent by 2030.
Read the story from The Age by Nick Toscano and Darren Gray - “Business calls for more detail on Labor's emissions policy.”
