Guardian: The new conservative government in Australia proposes to be the first country in the world to abolish a legislated price on carbon emissions.
Could Australia really go down this path?
First, a bit of background.
The former Labor government was elected in 2007 in a historic landslide. The defeated prime minister had refused to ratify the Kyoto Protocol for over a decade, and the new Rudd government made a symbolic gesture with its first official act to ratify the protocol. The Labor government's...