ENERGY & RESOURCES FOCUS: How Australia is getting braced for a carbon trading revolution

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ENERGY & RESOURCES FOCUS: How Australia is getting braced for a carbon trading revolution

Prime minister Kevin Rudd wants to turn the power sector on its head by forcing firms to pay for permits to pollute. The plans would see green energy attract billions of dollars in new money and stir activity in financial markets. But corporations from cement producers to miners and airlines say the government is not offering enough compensation, and some fear they will go out of business. Lisa Murray reports.

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