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Australia to unveil carbon price scheme this week: Greens

Sun, 07/03/2011 - 4:25pm
Reuters

CANBERRA (Reuters) - An Australian carbon price scheme putting a tax on emissions and outlining a transition to emissions trading around 2015 will be unveiled later this week, the deputy leader of the influential Greens Party said on Monday.

"Certainly we have pushed not only for an emissions trading scheme, but a broad package, and that will be released later in the week," Christine Milne told Australian television.

The minority Labor government wants to impose a tax on carbon emissions from mid-2012 before transitioning to a carbon-trading system, under which the nation's 1,000 biggest polluters will need to buy carbon permits on an open market.

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