Industrial Constraints and Dislocations to Significant Emissions Reductions by 2050
A climate change report which reveals that the Productivity Commission's recent Emissions Trade Scheme (ETS) economic modelling is flawed.
The Commission's modelling ignores real-world industrial constraints to reducing greenhouse gas emissions. These include mass labour, production equipment and material shortages across Australia.
The report details how Australia is facing critical climate change skills shortages to deliver sufficient reduction cuts, and also pushes the need for complimentary ETS measures such as a Renewable Energy Target (RET).
