- Australia, the world’s highest per-capita polluter accounting for 1.5% of global emissions, has endorsed plans to regulate carbon creation and trade of carbon credits.
- The Carbon Farming Initiative aims to reduce emissions from the farming sector, currently responsible for 23% of Australia’s emissions. The laws are a precursor to carbon price legislation expected mid-2012.
Australia’s progress in tackling emissions in the face of strident opposition from political opponents and partisan groups will serve as a valuable learning opportunity for Governments around the world.
For more information, visit: http://tinyurl.com/3k8nopm