Australia's carbon-price future clouded as Gillard trails in polls

Bloomberg: Australia's price for carbon emissions will survive whatever happens in elections due next year, the government says. Power markets aren't so sure. Australian electricity futures markets after 2014 indicate doubts that carbon prices will remain in force, according to Westpac Banking Corp. The nation started yesterday charging about 300 of its largest polluters a fixed rate of A$23 ($23.50) a metric ton for greenhouse gases under the law Prime Minister Julia Gillard pushed through Parliament last...

URL: http://www.bloomberg.com/news/2012-07-02/carbon-price-future-clouded-as-gillard-trails-in-polls-2-.html