| 12.12.2008 - Australia to unveil CO2 trading, 2020 target in focus |
| From Guardian: Australia will unveil on Monday its vision for the most sweeping carbon trading scheme outside the European Union, targeting a sizeable cut in emissions that critics say could wallop an economy already on the ropes. The government's blueprint for a national cap-and-trade system will probably set a goal of cutting 2020 emissions by between 5 and 15 percent from 2000 levels, a major undertaking for one of the world's most carbon-intensive nations..... Full Article: Source |