Linking people & redesigning systems
for a healthy future
Linking people & redesigning systems
for a healthy future
Dec. 15 (Bloomberg) -- Woodside Petroleum Ltd., Chevron Corp. and other liquefied natural gas producers in Australia won concessions that may reduce the cost to their businesses of Australia's planned carbon trading system.
The LNG industry was included among emissions-intensive businesses exposed to international trade that will probably qualify for some free permits under the design of the system announced today by Climate Change Minister Penny Wong. LNG wasn't eligible for any free permits under the government's draft proposal, causing companies to warn investments in new projects were at risk.
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