Environment

Productivity Commission says Coalition should adopt price on carbon

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Commission says carbon price would benefit consumers and help deliver best possible market reforms

The Productivity Commission has called on the Turnbull government to adopt a “proper vehicle” for reducing carbon emissions that puts a single price on carbon, saying it would benefit consumers.

It says a price on carbon must eventually form part of Australia’s energy markets and would help to deliver the greatest possible market regulation reform benefits over the next five years.

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