Australian mining magnate Clive Palmer is considering exporting liquefied natural gas from his potential $8 billion gas project in Papua New Guinea.
Australia re-introduced a bill today to repeal a carbon-price mechanism brought in by the previous Labor government ahead of a power shift in the Senate, which has previously rejected the levy’s removal.
President Barack Obama’s bid to cut power-plant emissions in the U.S. is all talk and no action, Australia’s chief trade deals negotiator said.
"The government is looking at more of an austerity program and cutting back."
- Clive Palmer on Jun 30, 2014