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Carbon Markets Face Uphill Climb As Australia Rethinks Role

By Keith Goldberg (September 12, 2013, 6:14 PM EDT) -- Australian Prime Minister-elect Tony Abbott's vow to scrap the country's carbon pricing system is a blow to global efforts to tackle climate change by linking the emissions schemes of various countries, experts say, and may hamper the development of existing carbon markets as far away as California and the European Union....

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