Token Gesture Alert - free insulation to tackle "climate change"
The Australia Institute's executive director Richard Denniss says the Government's carbon pollution reduction scheme will just reallocate those emissions.
"The way the Emissions Trading Scheme is designed, every kilogram of emissions saved by a household frees up an extra permit for a big polluter," he said.
"So while it's true this scheme will help reduce households' use of energy, it won't reduce Australia's emissions at all.
"What they do is take those permits freed up by what the individuals have done and sell those permits to the aluminium industry or the steel industry or anyone else who wants them.
"So effectively the carbon pollution reduction scheme is really just a carbon pollution reallocation scheme."
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