Friday, July 4, 2008

SA hard hit by climate change: Rann

Posted Fri Jul 4, 2008 4:45pm AEST 

Updated Fri Jul 4, 2008 5:18pm AEST

South Australian Premier Mike Rann says the Garnaut climate change report shows South Australia will be one of the states hit the hardest by future climate change.

The draft report from economics professor Ross Garnaut calls for an emissions trading scheme for Australia without delay as the best of the possible options for cutting greenhouse gas output.

Mr Rann says the report makes a commitment to renewable energy more pressing.

He says he wants most of the income generated by higher energy prices caused by emissions trading returned to consumers.

He says there must be a compensation scheme for people paying higher prices for power and retail goods.

"A big slice of the income generated from emissions trading must go to households as compensation for higher energy prices," he said.

"I would like to see compensation for industries that are affected by it as well.

"All of the money generated by emissions trading must go into supporting households and also into supporting businesses."

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