"Chinese officials have expressed their surprise and disappointment that Australia is seeking to repeal its carbon price, just as the world’s second largest economy and biggest polluter prepares to launch new carbon trading schemes of its own, and seek linkages with international markets.
Just hours after Australia’s Environment Minister Greg Hunt was hailing the passage of the carbon repeal legislation through the lower house in Canberra as a “victory for the people”, his somewhat more powerful and longer sighted Chinese counterpart, Xie Zhenhua, was hosting a presentation at the Chinese pavilion at the climate talks in Warsaw, hailing the start of pilot carbon trading schemes in Shanghai and Beijing next week."
Source: China surprised and disappointed by Australia’s carbon repealOur new Minister for Finance has some explaining to do, or is this an operational matter too?
@seamussantos we are not suggesting inaction we're suggesting direct action. That's what Obama, China and India are doing too...
— Mathias Cormann (@MathiasCormann) April 11, 2011
@seamussantos are u suggesting China & India will have ETS? Don't think so. Labor's economic modelling assumes they will & the US from 2010.
— Mathias Cormann (@MathiasCormann) April 11, 2011
Tony back in 2007 people thought the US would have an ETS by 2010 (they don't), China by 2015 (they won't). #qanda
— Mathias Cormann (@MathiasCormann) May 30, 2011
When Labor's Carbon Tax is renamed an ETS in 2015 its cost is likely to at least double. #auspol #myliberal
— Mathias Cormann (@MathiasCormann) July 10, 2011
So China is going for Direct Action then Prime Minister? #qanda
— Mathias Cormann (@MathiasCormann) July 11, 2011
Then again......
@350ppmJames We'll repeal the whole lot. The carbon tax is socialism masquerading as environmentalism
— Tony Abbott (@TonyAbbottMHR) March 9, 2012
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