CANBERRA, March 10 – Australia’s government faced new objections to its pioneering carbon trading scheme from both ends of the political opposition on Tuesday, just as it unveiled the legislation it hopes to pass by the middle of this year.
The draft laws contained few changes to what could be the most sweeping cap-and-trade system in the world, including a commitment to cut emissions by 5 per cent of 2000 levels by 2020.
