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  /  No Comments

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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