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End carbon tax, move to ETS: Ai Group


AUSTRALIA should end its bickering over a carbon price and move to an emissions trading scheme (ETS), the head of a manufacturing lobby group says.

Australian Industry (Ai) Group chief executive Innes Willox says the fixed carbon tax should be scrapped, with the policy changed to an internationally linked ETS where markets determine the carbon price.

Mr Willox said carbon costs on business would fall by 75 per cent, while electricity prices would drop by an average 10 per cent for business and households.