Canberra Times: a critical flaw in its carbon trading scheme that allows big polluters to reap benefits from community actions to cut emissions, a leading Australian economist says. The warning comes as a series of United Nations climate change reports has urged Australia to improve its greenhouse emissions accounting methods to meet Kyoto protocol standards....urged to delay the 2010 starting date for the scheme, saying Australian businesses ''cannot afford this extra impediment to investment''. 'The scheme's reduction targets are too low to send a credible signal to investors who have identified clean energy as a key element in the next technological era,''
