If all goes according to the government’s plan, the new Climate Change Authority is going to end up looking much like the Reserve Bank of Australia.
The government flagged the creation of the CCA as part of its ‘‘Clean Energy Plan’’, built around a carbon price, announced by Prime Minister Julia Gillard yesterday.
It will review and advise the government on a number of aspects of climate policy, including carbon farming, ways households might be encouraged to make voluntary cuts to emissions and how well the system is working.
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