Article Tags: Carbon Trading
The Australian government has shelved plans for an emissions trading scheme (ETS), the centrepiece of its environmental strategy.
It has made repeated attempts to get the measure through parliament, but has been blocked in the Senate, where the government does not enjoy a majority.
The government will now not start the scheme until 2013 at the very earliest.
PM Kevin Rudd blamed the opposition for withdrawing its support for the measure and slow global progress on emissions.
Previously, Mr Rudd has called climate change the “greatest moral challenge of our generation”, and pledged to curb pollution by bringing in a comprehensive emissions trading scheme.
But his attempts to enact the measure into law have repeatedly failed because his party does not command a majority in the upper house, Senate, and the opposition Liberal Party is now led by a climate change sceptic who won the leadership of his party by vowing to block the reform.
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Source: news.bbc.co.uk