|
Creating a cleaner and greener economy. The OECD welcomes ongoing efforts to disentangle emissions from economic growth, specifically through introduction of a carbon tax and a flexible carbon price based on an emission trading system linked to international markets. This is the best option to reduce greenhouse gas emissions and put Australia on a more sustainable, low-pollution growth path. Better water management, incuding more effective water pricing, an end to inefficient irrigation subsidies and suppressing barriers to water trade between rural and urban areas, would boost sustainability.
|