Labor's new carbon trading scheme, a beefed up version of the former government's safeguard mechanism, with teeth - will create pressure for real emissions cuts and concessions for "trade exposed" industries will be issued sparingly and according to the strict criteria. In this week's interview, Chris Bowen says a tough approach is necessary because concessions for some industries means others have to do more of the heavy lifting. However the system will be flexible enough to allow the use of carbon offsets for hard to abate industries. https://m.facebook.com/story.php?story_fbid=pfbid02b2BX4ReQ9KmJUZnCp5dytJtfRRdZd1YrTy1KbGppwXpeUAc8TmwG1jnjPctVKHj4l&id=100063933949974&mibextid=Nif5oz