Plimer: "Cap-and-trade legislation in the US will seriously add costs to the wealth-generating enterprises of agriculture, mining, manufacturing, and energy generation. By contrast, the more draconian legislation in Australia will send many productive enterprises broke. The end result is that efficient, low-polluting, low-cost enterprises will be shifted to either the Third World or to subsidized economies (i.e., Europe). In effect, the proposed legislation is a massive transfer of hard-earned wealth and employment from countries with a responsible ethical, corporate, and regulatory regime to unregulated jurisdictions."