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Transport and emissions trading

Sooner or later things have got to change. It just can't carry on being the case that the companies posting record profits from selling a product that we now know is contributing to a potential climatic disaster, have so far escaped any firm policy to make them pay for their pollution.

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AUSTRALIA REVEALS ETS PLANS

Last week the Australian government published a white paper on the implementation of a Carbon Pollution Reduction Scheme ... an emissions trading scheme in all but name.

In true Crocodile Dundee fashion the Rudd government has declared to the EU: "That's not an ineffective emissions trading scheme; this is an ineffective emissions trading scheme!".