Government»Australia delay emissions scheme
»Wednesday, April 28,2010
Due to the Australian Government focusing on economic recovery, plans to limit emissions have been shelved for at least a year.
The country's biggest export is coal, Australia's vast natural resources have created a reliance on it which currently has the highest per capita emissions in the developed world.
Kevin Rudd, Prime Minister, said: "due to the worst global recession since the great depression" hopes of a carbon trading scheme are now on the back burner to 2011 from 2010.
The decision to delay the scheme means Australia's emissions reduction target will be 5% of 2000 levels by 2020, with an option for a 25% cut only if global agreement is reached.
Industrial polluters would have to buy licences under the scheme to cover the amount of carbon they admit. Green groups had previously attacked this as not strong enough.
But, business leader's calls that it would hinder industry seem to have been taken on board by the government.
Green Party senator, Christine Milne, describes the move as 'sellout', after other green groups backed it.
She said: "They have gone with a sellout and a browning down of the scheme, so of course I'm disappointed."