Asia Pacific > Australia’s Labor backs off carbon trading after election defeat

Australia’s Labor backs off carbon trading after election defeat

Published 10:59 on May 23, 2019  /  Last updated at 11:47 on May 23, 2019  / /  Asia Pacific, Australia

Central Labor party officials on Thursday questioned the wisdom of backing market-based approaches to cutting emissions after last weekend’s election defeat, dimming the prospects for an Australian carbon market beyond government-funded offset buying.
Central Labor party officials on Thursday questioned the wisdom of backing market-based approaches to cutting emissions after last weekend’s election defeat, dimming the prospects for an Australian carbon market beyond government-funded offset buying.


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