Paper industry attacks emissions trading scheme
The body representing the paper industry, A3P, has joined the attack on the carbon emissions trading scheme, saying it could lead to a loss of investments throughout the country.
It says the pulp and paper industry contributes $2.7 billion to Australia's economy and directly employs almost 20,000 people.
Miles Prosser from A3P says that without adequate transitional measures the scheme could jeopardise the industry.
"If we expose Australian producers to a cost that we're not exposing their competitors to, we're likely to lose that investment over time and we'll certainly lose the potential of any further investment," he said.