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Australians Compensated For Emissions Trading System
Posted July 17th, 2008 by Administrator
Australian Climate Change Minister Penny Wong said power producers and households will be compensated for an emissions trading system starting in mid-2010, which will let markets decide the price of carbon, Bloomberg reports.
An Electricity Sector Adjustment Scheme and a Climate Action Fund will be established to assist businesses adapting to the new trading system. A [...]
