Australian Gov't Scraps Independent Climate Commission

Law360, New York (September 20, 2013, 1:44 PM EDT) -- Australia's newly elected conservative ruling coalition on Thursday dissolved an independent climate change commission created to provide the federal government and the public with independent advice, further dismantling environmental policies enacted by the previous administration.

Claiming that the independent body is not necessary and that its role can be filled by other government agencies, new Prime Minister Tony Abbott abolished the watchdog during his second day in office. Abbott has already vowed to abandon the country's carbon pricing system, which was also set up by the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.