Breaking news:
The Federal Government is today expected to announce that it is delaying the introduction of its emissions trading scheme by a year.
The ABC understands that Prime Minister Kevin Rudd is about to announce that the scheme will be delayed until 2011, while the range of proposed cuts will be increased to 5 to 25 per cent of 2000 levels by 2020.
The ABC also understands that the scheme will be changed to ensure that efforts made by households to reduce emissions will be factored in.
More comment to follow later. Read it here.
Australian Climate Madness 
Yep, he squibbed it.Putting it away for another year is what I thought he’d do. And then he will put it forward another year “Because no other country is doing their bit.” etc etc.But in fact public opinion will have turned against the whole alarmist bandwagon by then. He is a man with absolutely no principles.Good result, though.