Big business and NSW government urge panel to recommend market mechanism to price greenhouse gas emissions

The Liberal New South Wales government, major energy users, manufacturers and businesses including BHP Billiton have urged the Finkel review of the electricity market to consider a price on carbon or a market mechanism.

The submissions, released on Friday, add further pressure on the review to recommend a market mechanism to price greenhouse gas emissions, such as an emissions intensity scheme, despite the fact the Turnbull government has ruled out a carbon price or EIS.

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Source: Guardian Climate Change