InfoAnda - Australia delays emissions trading

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

THE INFLUENCE GAME: Bishops shape health care bill | 12 November 2009
China, Kenya to search for ancient Chinese wrecks | 26 February 2010
Eminem Admits MTV Stunt Was Planned | 4 June 2009

Japanese stock markets closed for national holiday | 12 October 2009

">Forum Views () ">Forum Replies ()

Read more with google mobile : Australia delays emissions trading

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Australia delays emissions trading AFP - Monday, May 4 SYDNEY (AFP) - - Australia on Monday increased concessions for big polluters and delayed the start date of its emissions trading scheme because of the global financial crisis, in a stark shift on climate policy. ADVERTISEMENT Prime Minister Kevin Rudd said the deepening global recession meant local emissions trading could not begin until July 2011, one year later than previously planned. In a concession to green groups, Rudd said Australia would cut its greenhouse gas emissions to 25 percent of 2000 levels by 2020 -- up from 15 percent previously. But he said the revised target would only apply if world leaders also signed up to an "ambitious" reduction goal in Copenhagen in December. Without an agreement, Australia's target will remain unchanged at five percent. "The worst global recession since the Great Depression means we must adapt our climate change measures but not abandon them," Rudd told reporters. "The start date of the carbon pollution reduction scheme will be delayed one year to commence from July 1, 2011." It was a marked change in position by Rudd, who has for months insisted his government would proceed with emissions trading in 2010, despite the global market turmoil. With Australia already suffering its worst drought in a century, the prime minister said late last year that failure to act on climate change could be disastrous, labelling any delay "reckless and irresponsible". But in a change of tack, Rudd pushed back the trading scheme start date and said a one-year fixed-price period for carbon pollution permits would apply until July 2012 to assist businesses hit hard by the credit crunch. Rudd said that during the fixed-price phase, an unlimited number of permits would be issued to eligible companies at a price of 10 dollars (seven US) per tonne. He also said a "global recession buffer" would be provided for emissions-intensive trade-exposed industries, extending their pollution allowances for a "finite period". Rudd won office on a strongly pro-green platform in late 2007 and the delay means the politically-contentious emissions trading scheme, which critics say will cost jobs, will not begin until after the next election in late 2010. The prime minister rejected claims the changes softened his centre-left government's stance on climate change, saying the slower start would mean a "stronger, greener conclusion". "I believe (this) is the most sensible, rational, balanced response to a fundamental change in economic circumstances," Rudd said. If agreement was reached in Copenhagen to stabilise carbon dioxide levels in the atmosphere by at least 450 parts per million by 2050, Rudd said Australia would reduce its emissions by 25 percent by 2020. Such an agreement would mean it was possible to save the Great Barrier Reef, Rudd said, adding that Canberra would agree to realise five percent of its commitment by purchasing international carbon credits. Rudd, who ratified the Kyoto Protocol as his first act of government, is now faced with the task of pushing his climate laws through a hostile parliament. Opposition party leader Malcolm Turnbull said he would not support the amended scheme, which he described as a "massive backdown" and "panic response" to criticism. The minority Greens party accused Rudd of "browning down" his stance by giving major polluters 2.2 billion dollars in free permits, and described the revised 25 percent target as an "almost irrelevant green distraction". Greenpeace said the concessions to industry "reek of industry lobbying" and the new scheme fell dismally short of what was required to effect real change. But other conservation groups welcomed the pledge to more sweeping targets, while business groups commended Rudd for delaying the scheme and recognising the challenges of the economic crisis. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Enlarge Photo A cruise ship belches smoke in Sydney Harbour. Australia increased concessions for big polluters and delayed the start date of its emissions trading scheme because of the global financial crisis, in a stark shift on climate policy Most Popular – Top Stories Viewed GM could follow Chrysler into bankruptcy: analysts Swine flu in decline: Mexico Kenyan women to sex-starve men -- for politics Citigroup may need $10 bln more: report Father rejects Madonna's adoption bid: report View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Monday, 4 May 2009
Nepal government wobbles over army chief's sacking | International |
Iraq rules out extension of U.S. withdrawal dates | International |
France captures 11 suspected Somali pirates | International |
Wolverine slashes rivals in $160 million global bow | Entertainment |
Angels & Demons director sees Vatican meddling | Entertainment |
Mexico breathes easier in flu epidemic | International |
Pentagon chief to reassure Saudis on Iran outreach
Australia delays carbon trade, may toughen target | International |
Iraq rules out extension of U.S. withdrawal dates
Karzai signs up for Afghan poll, names running mates | International |
Former Israeli premier faces prostate cancer
Nepal president defies Maoists over sacked army head | International |
Fiat boss unveils plans for European car giant: FT
Supermarket tycoon wins Panama election | International |
Swine flu in decline: Mexico
Indian communists face farmer backlash in election | International |
Venezuela military helicopter crash kills 17 | International |
In crisis more Russian men want talk, not sex | International |
China quake survivors face intimidation, detention: Amnesty | International |
NY Times Co. threatens Boston Globe shutdown
Report: Senators seek answers on KBR overcharges
Syria's Assad urges US to talk to Hamas, Hezbollah
US flu tally jumps to 245 as labs catch up
Berlusconi's wife wants divorce: reports
John Edwards faces federal investigation
Czechs, Slovak killed in Austrian Alps avalanche
Alaska volcano shows increased unrest
Jackson says NAACP must help save auto industry
Craigslist founder helps memorialize murder victim
Season of tragedy ending at Sierra ski community
21 dead in India as bus falls into river
21 dead as bus falls into river in India
Obama to meet Afghan and Pakistan leaders
Jenny McCarthy inks deal with Winfrey's Harpo | Entertainment |
Nepal in crisis over attempts to fire army chief
NBC renews Medium | Entertainment |
At least 20 dead as storm batters Philippines
IFC Films hearts Valentine's Day | Entertainment |
Amnesty says China quake survivors face intimidation, detention
Green Day tests new ground on way to Breakdown | Entertainment |
Storms leave 20 dead in Philippines
Weather forecast for the Asia-Pacific region
ADB head: Asia must tackle poverty, climate change
China denies targeting Mexicans
New Zealand slump may have deepened, job market weakens
Nepal row flares after army chief sacked
ADB sees 'mild recovery' next year
Hollywood Wax Museum auctions wax celebs
Firmer won, earnings draw funds back to S.Korea
Korea Hot Stocks-Retailers, shipbuilders, Hyundai Steel up
KKR in talks on buying AB InBev unit in SKorea
China bans pork imports from Alberta: govt
Taiwan dollar surges on China ties, global outlook
Hollywood Wax Museum auctions wax celebs
S.Korea govt bonds slide after export, CPI data
No butts: China orders officials to smoke
Seoul shares open higher, financials lead gains
Saddam gets stamp of disapproval from Iraqi show
Jenny McCarthy inks deal with Winfrey's Harpo
Pete Seeger turns 90 with birthday concert in NYC
China's Mongols see bleak future for their culture
Ron Howard movie `Parenthood' reborn as NBC series
CBS launches unprecedented ad campaign
Ron Howard: Vatican obstructed 'Angels & Demons'
The films that highlighted this year's Tribeca
Vatican plays down differences before Israel trip
Pakistan battles Taliban | International |
Wave of attacks in south Afghanistan kill 29
Berlin studies request to take Guantanamo prisoners | International |
Attacks kill 20 in southern Afghanistan
Israel's Peres omits mention of Palestinian state | International |
European economy to shrink four percent
Iran says U.S. sanctions will not halt nuclear work
Berlusconi rejects patch-up with wife, seeks apology | International |
Spanish judge to probe deadly Israeli raid on Gaza
Fiat plans new global car giant
Eritrea sick of Somalia arms accusations | International |
Madonna launches appeal against adoption rejection
Taylor's request for war crimes acquittal rejected | International |
Obama outreach to Muslims worries Israelis
Greek scandal vote may force snap election | International |
Court okays breast removal for transsexual teen: report
Afghan suicide attack kills seven, including mayor
Venezuelan capital jolted by 5.3 earthquake | International |
Afghan leader heads to US for anti-terror summit
Australia delays emissions trading
New York Times Co wields axe over Boston Globe
Chad and Sudan agree to halt attacks
Climate change 'cultural genocide' for Aborigines
HP and RIM form alliance on BlackBerry | Technology |
EU urges Internet governance revamp | Technology |
Journalist group: US reporter hospitalized in Iran
EU urges Internet governance revamp
Obama to crack down on business taxes
4 dead in Fla. family slaying; teen son escapes
Buffett sees end to recession, uncertain on timing
Inmates vying for coal mining jobs in Appalachia
The Nation's Weather
French forces 'killed pirate hostage' off Somalia
Storms, possible tornadoes hit South; 1 killed
Obama to attend Cinco de Mayo event on May 4
Colorado lawmakers mount up to see effects of laws
Swine flu may return 'with 'a vengeance': WHO
More court review set for '04 Janet Jackson flash | Entertainment |
Deadly clashes in NW Pakistan as peace deal unravels
Madonna's adoption case in Malawi adjourned | Entertainment |
China denies discriminating against Mexicans
Wolverine slashes rivals in debut | Entertainment |
Indonesia's anti-corruption chief arrested
Pakistan battles Taliban as pact hangs in balance
Asia Pacific countries start disaster drills
Indonesia police detain anti-graft boss over murder
NKorea says Obama administration same as Bush's
Pakistan peace deal under fire amid attacks
Nepal's prime minister resigns
Pakistan targets 80 bln rupees in T-bill auction
Taiwanese tycoon challenges Buffett's investment
AIG close to selling building to Japanese company
Taiwanese tycoon challenges Buffet's investment
Tech-savvy Japanese on holiday tinker with robots
Taiwan inflows surge on warming China ties
Nintendo on roll on Wii, but cautious on high yen
China triples wind power capacity goal: report
`Twilight,' `Slumdog' lead MTV award nominees
US-ENTERTAINMENT Summary
Author sees A-Rod as insecure, needing to please
B'way ticket availability through Sunday, May 10
Paternity dispute erupts in Madonna adoption case
New Orleans Jazz Fest 40th year riffs on old, new
US-TECH Summary
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01