Emissions trading delayed for a year

June 2009
TCE: The Chemical Engineer;Jun2009, Issue 816, p10
Academic Journal
The article reports on the decision by the Australian government to delay the implementation of the carbon emissions trading scheme for a year due to the escalating global recession. The commence of the scheme, which was supposedly in July 2010, has been moved to July 2011. According to Australia's Prime Minister Kevin Rudd, the government need to adapt to climate change measures. Also noted is the extension of the number of free permits for intensive emitters and the plan of the government to increase carbon reduction emissions target by 2020.


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