Full page statment in Australian news papers today,heres part of...

Full page statment in Australian news papers today,heres part of it.

To all Australian Goverments

On the Economic Impact of Climate Change in Australia.

If some type of system is to be introduced

"It must be flexible enough to deal with new information over time on the impact of different levels of greenhouse gas emissions.

The initial costs to consumers and business of introducing the system must not be excessive;and

It must carry inbuilt price incentives for both business and consumers to change their behaviour over time in such a way as to reduce the furture costs of reducing emissions.

A system based on tradeable emission permits,underpinned by greenhouse gas emission targets can,if carefully designed,provide all of these features.The emissions trading scheme can be designed in such a way as to provide flexibility over time in adjusting the emission targets.It would also have the added advantage-as against for example a carbon tax system-of establishing tradeable property rights with respect to permits,thereby building up a support base for maintaining the system going forward within the corporate sector".

Just a small section,too much to type.

Supported by Economic,Market Analysises and various Directors for

Citigroup

ANZ

Macquarie Bank Limited

Erskinomics Consulting Pty Ltd

Financial Sector Services Pty Ltd.