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New Australian leader backs cap-and-trade – one day


Julia Gillard, Australia’s newly installed prime minister, has reaffirmed her intention to push for the introduction of a carbon trading scheme based on an exchange. However, unlike her predecessor she has stopped short of committing to a timetable for the emissions market.

Gillard was sworn in on Thursday June 24, having ousted Kevin Rudd as leader of the Labor Party earlier that day. She had previously been deputy prime minister and minister for...

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