A WORSENING global warming scenario means the Rudd Government should set a more ambitious greenhouse reductions target than it took to the federal election.Prof Ross Garnaut, author of an interim report on climate change, said yesterday Australia had to take the lead on dealing with climate change because it potentially faced the greatest dangers.
He also warned that tackling greenhouse emissions would drive up electricity prices, hit low-income earners and bite into the profits of major industries such as cement-making, and steel and aluminium smelting.
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