So goes Australia on cap-and-trade ….

December 2, 2009

This is one piece of non-Hugh Jackman news that is resonating in Washington:

CANBERRA (Reuters) – Australia’s parliament rejected laws to set up a carbon trading scheme on Wednesday, scuttling a key climate change policy of Prime Minister Kevin Rudd and providing a potential trigger for an early 2010 election.

Acting Prime Minister Julia Gillard said the government would re-introduce the carbon trade bills in February to give the opposition Liberal Party one more chance to support the scheme, adding the government was not looking at an early election.

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I guess they’re skeptical about evironmental scares after that hole in the ozone turned out to be no big deal.