Posted on 12/20/2009 5:55:40 PM PST by myknowledge
THE Rudd Government will press ahead with its plan to put a price tag on carbon pollution even though the leaders of other nations refused to reach a legally binding agreement on reducing global warming in Copenhagen.
Treasurer Wayne Swan said the controversial emissions trading scheme that would push up the cost of electricity and power was "just as relevant now as it was before Copenhagen and we need to pass the bill for business certainty".
The ETS was rejected by the Senate earlier this month and the Government planned to re-introduce the scheme for parliamentary approval in February next year even though other nations were refusing to agree to cut their own carbon emissions.
The Rudd Government said it still remained committed to cutting the nation's greenhouse gas output by between five and 25 per cent.
(Excerpt) Read more at dailytelegraph.com.au ...
who gets the money?
It shows how egomaniac and narcissistic KRudd is.
sadly, Republicans don’t seem to be smart
enough to make that an issue
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