Friday, November 27, 2009

Support for Cap and Trade system crumbling in Australia

Embattled Liberal leader Malcolm Turnbull still believes ETS will pass this week

ANGRY resignations from the Shadow Cabinet last night propelled Malcolm Turnbull closer to a leadership showdown which opponents to an ETS could ensure he loses.

Four MPs quit the front bench so they could fight the amendments to legislation creating an Emissions Trading Scheme negotiated with the Government by Mr Turnbull and senior colleagues.
Three senior figures, including Liberal Senate Leader Nick Minchin, who also quit the front bench, said they would vote against the ETS in defiance of Mr Turnbull. Read more.

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