Australian news, and some related international items

Julia Gillard to reveal Australia’s carbon pricing package on July 10

Australia to unveil carbon price scheme on July 10, 04 Jul 2011,Source: Reuters 

* Australian PM Gillard to unveil carbon package on July 10

* Scheme tipped to have a A$20 a tonne carbon price

* Carbon trading set for 2015, first scheme outside Europe, New Zealand

By Rob Taylor, CANBERRA, – Australia’s minority Labor government will unveil plans for the biggest national emissions trading scheme outside Europe on Sunday, with Prime Minister Julia Gillard staking her future on a carbon price already worrying voters and business.

Gillard said on Monday her cabinet, and a committee of government, Greens and independent lawmakers who have been working on the scheme, would finalise remaining details of the carbon tax later this week.

Concerns the plans to tackle climate change will push up prices have been hurting the minority government’s popularity, but Gillard said she was determined to push ahead with the plan, which is a make or break issue for her government.

The government is aiming to bring legislation for the scheme into the lower House of Representatives in August, with a vote in the Senate expected around October or November. (Additional reporting by James Grubel; Editing by Ed Davies and Yoko Nishikawa)

“A carbon price is an important reform that will create incentives to lower Australia’s carbon pollution at the lowest cost to the economy,” Gillard said in a statement, adding she would introduce the laws to parliament later this year…..

July 5, 2011 - Posted by | AUSTRALIA - NATIONAL, climate change - global warming |

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