Energy savings target could save $3.5bn

The government has released several hundred pages of analysis suggesting a 5% energy savings target and trading scheme would provide net benefits of $3.5 billion. Yet they don’t seem that enthusiastic.

The federal government has released a second cost-benefit analysis of a national energy savings target and trading scheme, finding that it would provide net benefits of $3.5 billion. However the government continues to play down the chances of it implementing such a scheme, in spite of an earlier study coming to similar conclusions.

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