From the Wall Street Journal:
“Carbon cap and trade is dead in America, the Chicago emissions trading exchange has folded, and European nations keep fudging on their Kyoto Protocol promises. But Al Gore’s great green hope still has a champion: Australian Prime Minister Julia Gillard, who announced last week that her government will impose a cap-and-tax regime.”
But hang on, I thought we were falling behind and we had to act now to secure our clean energy future? Then again, this is just more of that evil Murdoch hate media, isn’t it? It’s not just News Ltd here, the whole of News Corp is after Bob Brown. It is an international conspiracy against the Australian Greens.
I doubt our carbon tax will inspire the Europeans and the Americans to jump back on the bandwagon.