Australia delays carbon-trading scheme
May 4th, 2009
Sydney, May 4 (DPA) Australia Monday postponed by a year the introduction of its proposed emissions-trading scheme, citing the slowing economy for the delay. Prime Minister Kevin Rudd also slashed by one-third the proposed starting price of carbon to 10 Australian dollars ($7) a tonne. “The worst global recession since the Great Depression means we must [...]
