Quartz: The newly elected conservative government of Australia, led by incoming prime minister Tony Abbott, has promised to scrap the countrys carbon tax on industrial polluters. That has promoted much teeth-gnashing among environmentalists, but the issue is trivial compared to how much coal Australia exports.
Australias year-old tax on carbon was to be a prelude to a greenhouse gas emissions trading market set to launch in July 2014. It would have been the one of the largest carbon markets outside...