Meanwhile in the U.S. Senate ...

Australia dumps Carbon Trading Scheme

Why is this man smiling? “ AFTER months of avoiding even mentioning an emissions trading scheme Kevin Rudd has formally dumped Labor's Carbon Pollution Reduction Scheme until at least after the next election, and possibly the one after that. After months of refusing to defend or promote the answer to the greatest moral and economic challenge “of our time” or to propose an alternative the Prime Minister has simply put it off as an inconvenient political truth and tried to blame the Coalition and the Greens for obstruction in the Senate. The simple fact of the matter is that Rudd over-politicised and over-dramatised the importance of an ETS, put all his political capital into one policy that would split the Coalition and provide a campaign platform and had no answer when it failed. Rudd's insistence the Senate pass the CPRS legislation before the Copenhagen climate change meeting in December now looks completely hollow and Australia's stance friendless and isolated internationally. [Story] ” Of course anybody with half a brain can see that carbon trading is flatlining here in the USA. - WUWT