Legislation passed for Australia's carbon scheme

Legislation for Australia's Carbon Pollution Reduction Scheme (CPRS) was introduced to parliament on May 14, following the announcement that the CPRS will be delayed by one year until to July 2011, and that the emissions reduction target for Australia has been dramatically increased.

The delay has been implemented to manage the impact of the recession, the government said. According to Minister for Climate Change and Water, Senator Penny Wong, the Australian government is determined to pass the p

To continue reading...