Thursday, August 23, 2012

Australia: Kyoto 2 crucial to carbon permits - report

Age: BIG greenhouse gas emitters could pay more under the Gillard government's carbon price if Australia refuses to sign up to a second round of the Kyoto Protocol, a leading climate think tank has said. In a report to be released this morning, the Climate Institute says that Australian businesses would have more difficulty accessing cheap international carbon permits unless the government joins ''Kyoto 2''. The Kyoto Protocol is the agreement that sets legally-binding targets for developed economies,...

URL: http://www.theage.com.au/environment/energy-smart/kyoto-2-crucial-to-carbon-permits--report-20120822-24msm.html#ixzz24MIqoklo

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