Australia: Petrol, coal ideas to be dumped

Australia: Petrol, coal ideas to be dumped
Age: KEY aspects of last week’s major report on climate change will be rejected by the Federal Government. These will include the treatment of petrol in a carbon emissions trading scheme, and compensation for electricity generators. The Government is also determined to introduce a full cap-and-trade scheme from 2010, rejecting an earlier proposal from its hand-picked climate change expert, Ross Garnaut, that a transitional scheme with set-priced permits should operate between 2010 …

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