27.10.2008 - Financial crisis takes toll on carbon scheme
From Iol.co.za: Australia's Prime Minister Kevin Rudd won office promising to be a climate change warrior but his chief weapon - a carbon trade scheme to slash emissions - is falling victim to shifting politics and world financial tumult. A former diplomat, Rudd made ratification of the Kyoto climate pact - opposed by the former conservative government for more than a decade - his first act after winning November elections tinged green by the seeming onrush of climate shift...... Full Article: Source