Wednesday, 6 July 2011

GE, Fujitsu Back Australia Carbon Plan Amid Gillard Campaign

San Fransico Chronicle
"July 6 (Bloomberg) -- General Electric Co. and Fujitsu Ltd. backed Australian Prime Minister Julia Gillard's bid to initiate carbon trading to cut emissions in the developed world's biggest polluter per capita.

The companies are two of 55 who signed a letter sent to Gillard last night from the Carbon Markets & Investor Association supporting her plan for an emissions trading system to start in 2012. Coal producers today said they will start a public campaign against policies they say will cost the industry A$22 billion ($23.6 billion)."

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