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AUSTRALIA'S PM SAYS WILL NOT RUSH INTO CARBON TRADING SCHEME.
SYDNEY, June 1 Asia Pulse - Australia needs a carbon trading scheme but any target to reduce greenhouse gas emissions requires careful analysis and cannot be rushed, says Prime Minister John Howard.
The prime minister's much-anticipated report on emissions trading, to be released today, is understood to recommend a national scheme begin in four years time.
The Climate Institute said today the problem could not wait years to be addressed.
But Mr Howard said any plan to reduce carbon emissions required careful consideration of Australia's character and nature.
"We do need to have an emissions trading system ...
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Source: HighBeam Research, AUSTRALIA'S PM SAYS WILL NOT RUSH INTO CARBON TRADING SCHEME.