Australian Senate Rejects Cap And Trade Bill
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August 17, 2009, 5:18 am
Filed under: Australia, Britian, cap-and-trade, carbon credit system, carbon dioxide, Carbon Tax, Co2, environmental taxation, Europe, european union, global tax, Global Warming, kevin rudd, london, Senate
Filed under: Australia, Britian, cap-and-trade, carbon credit system, carbon dioxide, Carbon Tax, Co2, environmental taxation, Europe, european union, global tax, Global Warming, kevin rudd, london, Senate
Australian Senate Rejects Carbon Tax Bill
Bloomberg
August 13, 2009
Australia’s Senate rejected the government’s climate-change legislation, forcing Prime Minister Kevin Rudd to amend the bill or call an early election.
Senators voted 42 to 30 against the law, which included plans for a carbon trading system similar to one used in Europe. Australia, the world’s biggest coal exporter, was proposing to reduce greenhouse gases by between 5 percent and 15 percent of 2000 levels in the next decade.
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