Kevin Rudd, leader of Australia’s governing Labor Party after winning a vote today against Prime Minister Julia Gillard, may bring forward plans to link the nation’s carbon market with Europe’s, Climate Mundial says. Rudd is unlikely to aggressively defend retention of the fixed-price period”, said Daniel Rossetto, managing director of Climate Mundial in London. Tony Abbott, opposition leader, may also abolish fixed-price period for carbon market if he wins office at next election; party won’t be able to make bigger changes because it probably won’t control Senate.
These comments were part of an interview today on Bloomberg. If you would like further details on the interview, please contact us.