Article: Australia, New Zealand seek united emissions trading scheme

Australia, New Zealand seek united emissions trading scheme

CANBERRA, Aug. 25 (Xinhua) -- The Australian and New Zealand governments seek to form a united emissions trading scheme, but both admit they must first overcome significant local hurdles, Australian Associated Press reported on Tuesday.

Australian Climate Change Minister Penny Wong and New Zealand counterpart Nick Smith discussed their harmonizing plans at a breakfast at the Melbourne Convention Center on Tuesday, according to the Australian Associated Press.

New Zealand is reviewing its emissions-trading laws, with Smith suggesting his government had very challenging weeks ahead before developing a new bill by late next month.

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