Thursday, August 13, 2009

Australian Senate Rejects Cap and Trade

Let's hope the morons in our own country come to their senses too. As the health care debate shows, these fools aren't playing with a full deck and could care less what you pathetic obstacles think about their moves to consolidate power.

Aug. 13 (Bloomberg) -- Australia’s Senate rejected the government’s climate-change legislation, forcing Prime Minister Kevin Rudd to amend the bill or call an early election.

Senators voted 42 to 30 against the law, which included plans for a carbon trading system similar to one used in Europe. Australia, the world’s biggest coal exporter, was proposing to reduce greenhouse gases by between 5 percent and 15 percent of 2000 levels in the next decade.

[From Australian Senate Rejects Rudd’s Cap and Trade Emissions Plan -]