Australian Senate Rejects Carbon Trade Bill

Law360, New York (August 14, 2009, 6:20 PM EDT) -- Australia's parliament reportedly has voted down the government's historic climate change bill that aimed to reduce carbon pollution by up to 25 percent, setting the stage for a possible early election.

Conservative opponents joined forces with Green and independent lawmakers in the Senate on Thursday to reject Prime Minister Kevin Rudd's ambitious emissions trading scheme in a 42-30 vote, according to Reuters.

The country's Climate Change Minister Penny Wong said the government would reintroduce the Carbon Pollution Reduction Scheme legislation and try to push it through...
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