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Carbon cap and trade is dead in America, the Chicago emissions trading exchange has folded, and European nations keep fudging on their Kyoto Protocol promises. But Al Gore's great green hope still has a champion: Australian Prime Minister Julia Gillard, who announced last week that her government will impose a cap-and-tax regime.
All of this for negligible environmental benefits. Australia emits 1.5% of the world's greenhouse gases. Even if the country cut its emissions to zero, the move would do little to reduce global emissions.
Originally posted by rabzdguy
Gillard was purposely put into power to purposely screw the Australians.