Emissions trading
The federal government is sticking to its plan to start emissions trading in 2010, despite global financial turmoil.
''Our ambition remains 2010,'' Mr Rudd said. ''Climate change is not going to go away.''
''The long-term economic cost to the entire economy, and to the entire global economy, of not acting on climate change remains formidable.''
Business wanted consistency and predictability in the area of emissions trading, Mr Rudd said, adding that it was important to get the scheme's design and rules right, and to map it out early.
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