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Whether one is a climate change sceptic or a believer, as a business leader one have an obligation to prepare for the opportunities arising during the transition to a carbon-constrained market. There will be major economic and industry disruption to the market, resulting from an array of influences. This transformation will not just be the introduction of emissions trading in 2010; it will be one of the most wide- ranging transformations of the time. The carbon-constrained market will create revenue worth billions of dollars and generate new opportunities across the Australian economy. It will impact all Australian businesses in some way-doing nothing is no longer a viable option for those who wish to remain competitive and sustainable.
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