Qantas criticized the Australian government's emissions trading scheme, warning that the costs of operating the intricate system will be borne by consumers. In a speech delivered in Perth, QF Chairman Leigh Clifford said the government's ETS has "theoretical benefits and has the merit of being market-based." He cautioned, however, that "the intricate valuing, trading and system management" it requires will come at a cost. Clifford also warned that plans to tax domestic but not international ...

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