Bloomberg: Prime Minister Kevin Rudd plans to accelerate Australias move to emissions trading, scrapping predecessor Julia Gillards clean-energy policy thats left the nation with the worlds highest carbon price.
Rudd seeks to bring forward by a year to 2014 the move to a floating price on carbon, Treasurer Chris Bowen said yesterday in an interview with Channel Tens Meet The Press. Australias fixed carbon price is four times higher than Europes. The move came as the ruling Labor party drew even...