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Opposition terriers get teeth into Rudd’s ETS

13 Mar 2009

Kevin Rudd ... opposition hardens stance.
Kevin Rudd ... opposition hardens stance.

The Australian Government’s massive draft emissions trading legislation could be torn apart before it is put to the Parliamentary vote, throwing into doubt Prime Minister Kevin Rudd's 2010 timetable for the introduction of emissions trading.

Released on Tuesday, the legislation outlines a plan for a new currency, emissions units, which will be tradeable in two forms: Australian emissions units for the domestic market and Kyoto emissions units for the international market.


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Related Topics:   Agriculture Emissions trading Energy Greenhouse Effect Kyoto NZ ETS Politics

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US cannot meet Iran war-induced LNG shortfall: industry leaders

Fri 27 Mar 2026

Business leaders are warning that the United States lacks the infrastructure to alleviate a global LNG shortage caused by the US-Israel war on Iran, which has kept a fifth of the world's energy supplies from leaving the Gulf.

Limiting global warming to 2C would not ‘rule out’ extreme impacts

Fri 27 Mar 2026

Limiting warming to 2C above pre-industrial temperatures may not be enough to prevent “extreme global climate outcomes”, according to research published in Nature.

Germany unveils climate plan to cut emissions and fossil fuels

Fri 27 Mar 2026

Germany set out ‌plans on Wednesday to help it meet 2030 climate targets and reduce its dependence on volatile fossil fuel imports, making 8 billion euros available to fund measures such as expanding wind power capacity and boosting EV sales.

US has caused $10tn worth of climate damage since 1990, research finds

Fri 27 Mar 2026

The US has caused an eye-watering $10tn in global damages to the world over the past three decades through its vast planet-heating emissions, with a quarter of this economic pain inflicted upon itself, new research has found.

Fake news on everything from whales to wind farms: Australia is flooded with climate misinformation

Fri 27 Mar 2026

Australia is facing a wave of misinformation and disinformation on climate change and energy. This is being fuelled by the growth in artificial intelligence and allowed to spread freely on social media, according to the findings of a Senate inquiry.

What oil actually costs

Fri 27 Mar 2026

The war in Iran has everyone talking about the price of oil. But that number only reflects a small fraction of what oil actually costs.

Signs of jet fuel hoarding emerge in Asia on Iran oil shock

Thu 26 Mar 2026

Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.

Iran war may halve India's LPG imports in March, according to traders, data

Thu 26 Mar 2026

The ‌war in Iran and the blockage of the strategic Strait of Hormuz are likely to halve this month's imports of liquefied petroleum gas by India, its number-two importer, according to traders and ship-tracking data.

Solar is Southeast Asia’s cheapest buffer against future shocks

Thu 26 Mar 2026

Southeast Asian countries’ planned expansion of gas power could increase the cost of generating electricity to $109 billion by 2030 based on future price projections — more than double the cost of generating the same amount of electricity with solar.

Seabed mining talks show key issues remain unresolved

Thu 26 Mar 2026

Even as the race to mine the ocean floor for important minerals intensifies, an international body tasked with regulating the emerging industry ended a key global meeting this week without a new mining code.

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