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Australian PM: Tackling climate change not "cost-free" for business
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15:38, August 27, 2008

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Australian Prime Minister Kevin Rudd said here on Wednesday that tackling climate change won't be cost-free to business people, but the business community can find a way to create an emissions trading scheme.

The emissions trading scheme "will never happen cost-free, it is not a cost-free business. Anyone who says that is misleading, and I don't intend to say that, " the prime minister told reporters.

The Business Council of Australia (BCA) has stood by a report issued last week warning of widespread business closures and profit downgrades under emissions trading.

The report was roundly criticized by conservationists and unions, who accused big business of trying to get out of doing its fair share on climate change.

However, Rudd said what he detected overall from the business community "is actually something quite good. None of them have said to me so far, 'oh by the way, we don't want to act on climate change'," and nobody said the science was wrong and there was no need for tackling the climate change.

Source:Xinhua



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