EU traders fear Australian carbon market ‘price shock’

EurActiv reports analysts warning that the Australian government's decision in July 2011 to set the carbon tax in its new CO2 trading scheme too high may trigger a market shock when the price free-floats in 2015.

• Primary Source

Australia: Department of Climate Change and Energy Efficiency: Media: News, 10.7.11: Putting a price on carbon pollution http://www.climatechange.gov.au/en/media/whats-new/putting-a-price-on-carbon-pollution.aspx

Australia: Clean Energy Future http://www.cleanenergyfuture.gov.au/

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