Emissions trading: good governance requires 100% auctioning

Source: Centre for Policy Development
"In advance of the Garnaut Review's final report, this paper argues that the introduction of a national Emissions Trading Scheme should see all permits auctioned rather than given away to industry. This is one of the key decisions on which wider policy success lies. It will provide revenue and a more equal platform for those who really do need help in the transition to a carbon constrained Australia."