Gillard Bids to Revive Australia's Stalled Carbon Trading Scheme

Australia's new prime minister, Julia Gillard, today moved to revive a stalled carbon trading scheme, pledging more consultation with industry and voters to win support for an issue that has divided the nation.

Gillard, in her first comments to the media after former prime minister Kevin Rudd stepped down earlier on Thursday, said she believed in climate change, backed renewable energy and that the nation needed a price on carbon emissions.

But she also said emissions trading laws would lead to a significant structural shift in the resources-rich nation and they needed to be explained properly to the community.'

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