Advertisement
News
Advertisement

Analysis: Australia CO2 plan puts carbon pricing back on track

Mon, 07/11/2011 - 5:24am
Reuters

SINGAPORE (Reuters) - Australia's push to impose an economy-wide cost on carbon pollution gives global efforts to price emissions a boost and will help revive struggling U.N. talks on a tougher climate deal.

In Australia's most sweeping economic reform in decades, the government will tax the nation's top 500 polluters at A$23 per metric ton of carbon before moving to a market-based emissions trading scheme in 2015.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading