Krudd & Co "in disarray" on ETS

It certainly looks that way. One minute it's a new enquiry, and the next it's full steam ahead as planned. If it's the latter, what's the point of the former?

The Opposition, which has yet to finalise a position on the ETS, said the Government appeared confused about its own policies.

"They are either in complete disarray or they are trying to back out of it," Opposition emissions trading spokesman Andrew Robb said.

"They have told us for three years an ETS is the central arm of their policy. Now we are having an inquiry into whether it still should be the central arm, and that inquiry is scheduled to report after we are supposed to have already legislated an ETS."

Nationals leader Warren Truss said "the terms of reference released today for a new parliamentary inquiry into the economic impact of its ETS are a welcome sign that the Government is beginning to appreciate that its ETS is not likely to be effective and has huge economic ramifications for our country".

Read it here.