16.02.2011 - Fixed carbon price will be first step to trading scheme

From Smh.com.au: A ''hybrid'' model of a fixed carbon price leading to an emissions trading scheme is likely to be agreed by the multi-party climate committee on Friday as the foundation for a new greenhouse reduction policy. Federal cabinet has approved the preferred model, which was proposed by the Greens as a compromise after Kevin Rudd's emissions trading scheme was defeated in the Senate in late 2009..............................................Full Article: Source

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