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The government plans to unveil legislation next month to create an Australian carbon emissions trading scheme designed to tax climate changing pollution beginning next year, Australian Climate Change Minister Penny Wong said on Friday.
Wong said her government remained set on a start date of July next year for the scheme, in which major polluters will buy and trade permits to emit carbon gases.
Industry wants the scheme delayed until 2012 because of global economic uncertainty, while some green groups favor a set-price carbon tax on emissions rather than a trading system in which market forces determine the price.
Wong said the draft legislation will be made public on March 10.
The government will consider the views of the senators before the legislation is introduced to Parliament in June, she said.
The government does not hold a majority in the Senate so will need the support of opposition or independent senators to pass the legislation.
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