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Analysis: Australia CO2 plan puts carbon pricing back on track

SINGAPORE (Reuters) - Australia's push to impose an economy-wide cost on carbon pollution gives global efforts to price emissions a boost and will help revive struggling U.N. talks on a tougher...

SINGAPORE (Reuters) - Australia's push to impose an economy-wide cost on carbon pollution gives global efforts to price emissions a boost and will help revive struggling U.N. talks on a tougher climate deal.

In Australia's most sweeping economic reform in decades, the government will tax the nation's top 500 polluters at A$23 per metric ton of carbon before moving to a market-based emissions trading scheme in 2015.

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