Australian Carbon Trading Scheme - History

History

In the election year of 2007, both the Liberal-led Coalition government and the Labor opposition promised to introduce carbon trading. Opposition leader Rudd commissioned the Garnaut Climate Change Review on 30 April 2007, while Prime Minister John Howard announced his own plan for a carbon trading scheme on 4 June 2007, after the final report of the Prime Ministerial Task Group on Emissions Trading. Labor won the election on 24 November.

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