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Australian leader delays pollution tax plan

Australian leader delays pollution tax plan

Australian Prime Minister Kevin Rudd says his plan to start taxing Australian industries for air pollution is to be delayed for a year, pushing the start date to July 2011.
Rudd announced the change Monday while detailing revisions to his government's proposed carbon emissions trading scheme. He says the changes are needed in part because of the global financial slowdown.
The emissions trading scheme is certain to face resistance from opposition lawmakers in the nation's Senate in June. Industry groups have called for the scheme to be delayed for three years because of the slowing economy.
Under the scheme, the government would issue a limited number of permits to create a ton of carbon, and companies could buy and sell on a national market.


Updated : 2021-02-26 04:35 GMT+08:00