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Australia to give more free carbon permits: report
CANBERRA |
CANBERRA (Reuters) - Australia plans to hand out more free carbon-emission permits to heavy-polluting industries under changes to the government's plans to cut emissions and introduce carbon trade, the West Australian newspaper said on Monday.
The newspaper said on its online edition that it understood the heaviest-polluting exporters would get 95 percent of their emission permits free, up from 90 percent, while the next tier of exporters would get 70 percent free, up from 60 percent.
Australian Prime Minister Kevin Rudd will hold a media conference in Canberra at 0240 GMT (12:40 p.m. local time), his office said on Monday, amid reports the government was set to announce a 12-month delay to carbon trading and other changes.
(Reporting by James Grubel; Editing by Mark Bendeich)
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