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Australia govt to target interim carbon price -paper


SYDNEY July 15 (Reuters) – Australia’s government has agreed new policies on climate change, a sensitive issue for voters in upcoming elections, including a commitment to set an interim price on carbon, a newspaper reported on Thursday. But the cabinet under new Prime Minister Julia Gillard has effectively conceded it cannot get a short-term agreement on a comprehensive emissions trading scheme, The Australian Financial Review said. Ministers had agreed to seek a consensus on a short-term market-based mechanism to give business certainty on carbon prices, the paper said.

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