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In Australia we compare and contrast the carbon tax policy with the Emissions Reduction Fund. If we focus is on development of carbon pricing instruments globally. A potential risk identified is carbon leakage. A next step in the development of these markets is the potential for linking carbon pricing across the different schemes.
Q) Illustrate with a diagram and explain in words how the former Labor Government's carbon tax policy compares with the Coalition Government's direct-action plan (in Australia)?
Please include the reference
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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