Podcasts Other The Mike Hosking Breakfast Adrian Macey: Victoria University Climate Expert on the financial impact of the Emissions Trading Scheme

Adrian Macey: Victoria University Climate Expert on the financial impact of the Emissions Trading Scheme

Published: March 19, 2024, 6:59 p.m.

A new Treasury paper reveals how the Government's main weapon for tackling the climate crisis could affect families financially. \xa0

It demonstrates how leaning heavily on the Emissions Trading Scheme could increase costs for households disproportionately. \xa0

Carbon prices are expected to move upwards, bringing other household costs up with it and hitting lower income families the hardest. \xa0

Victoria University climate expert Adrian Macey told Mike Hosking that the modelling is a useful thought experiment about the effects of the ETS. \xa0

He says it sends a message to the Government it can't just set and forget the ETS, it has to consider compensation for the people most affected. \xa0

LISTEN ABOVE\xa0

See omnystudio.com/listener for privacy information.