"Australia to Delay Carbon Trade Start by 12 Months, Group Says
By Gemma Daley
May 4 (Bloomberg) -- Australia’s government will delay its emissions trading system by a year amid signs the proposal will detract from growth as the economy heads into a recession, the Australian Conservation Foundation’s spokesman Josh Meadows said.
The foundation is being briefed on the changes ahead of Prime Minister Kevin Rudd’s announcement today in Canberra, Meadows said from Melbourne in a phone interview.
To contact the reporter on this story: Gemma Daley in Canberra at gdaley@bloomberg.net"
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