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Reuters Children Carry Mock Solar Panels During a Protest

Date: 01-Oct-08
Country: AUSTRALIA
Author: Daniel Munoz

Children Carry Mock Solar Panels During a Protest Photo: Daniel Munoz
Photo: Daniel Munoz

Australia's economy, powered by coal-fired generators, can afford to cut greenhouse gas emissions by five to 10 percent by 2020 through an emissions trading scheme starting in 2010, said the nation's chief climate adviser.

In his final report on the planned emissions scheme, Ross Garnaut said if Australia cut emissions by 10 percent by 2020, it would only cost 0.1-0.2 percent of annual GDP growth to 2020.

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