Australian Prime Minister could ditch emissions trading plans in favour of alternative mechanism for pricing carbon
Australia's new prime minister Julia Gillard has signalled for the first time that she will move away from her predecessor's climate change policy and find a new way of pricing carbon emissions across the country.
Speaking late yesterday in her first interview since securing the support necessary to form a minority Labor government, Gillard revealed she was keen to scrap controversial plans for an emissions cap-and-trade scheme in favour of a new approach to curbing carbon emissions.
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