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Rudd Cuts Eco-Spending to Advance Carbon Emissions Trading

2013-07-16 22:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: Prime Minister Kevin Rudd today announced that Australia would shift from the country`s current fixed carbon price to an emission trading scheme effective July 1, 2014, a year earlier than planned. But to fill the budget gap of A$3.8 billion left by the change, Rudd has decided to cut environmental programs. In Queensland as part of his swing around the country ahead of an upcoming election, Rudd said he is aware that many Australians are "feeling cost of living pressures" and also that "most...

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