Australia had planned to establish a carbon market in 2010, but has announced that the program will be delayed a year due to the economy. The announcement from Prime Minister Rudd comes as Australia is experiencing its first recession in 17 years. The decision was not welcomed by renewable energy groups or carbon management firms, who see the decision to delay the process as a year of lost economic growth.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact email@example.comRegister
Australia pushes back carbon trading
If you would like to learn how Lexology can drive your content marketing strategy forward, please email firstname.lastname@example.org.
Related topic hubs
Governance & Legal Coordinator
"Lexology is an excellent and extremely useful initiative. Its certainly more useful than some of the paid services that I have signed up to."