Australian Treasury Predicts Initial Deficit In Proposed Carbon Emissions Trading Plan

摘要

The rising Australian dollar is a key factor behind a revised forecast indicating the country's proposed greenhouse gas emissions trading scheme would run a deficit in its initial years.rnTreasurer Wayne Swan Nov. 2 released a midyear economic and fiscal outlook indicating the Carbon Pollution Reduction Scheme would run a deficit until 2016-17, with revenue from permit auctions insufficient to cover the costs of CPRS-related assistance to households and industry.