Should Australia pursue international carbon links?

There are dangers to linking our carbon scheme with international markets but they should not cause Australia to re-consider its linkage plans.

It has been recently reported that the federal government is considering the possibility of limiting access to international carbon permits. Also, South Korea has said it will ban the use of international emissions units (such as Certified Emissions Reductions (CERs)) under its ETS until 2020. So should this cause Australia to re-consider linking its carbon market with international markets? 

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