Amanda Hodge
April 08, 2005
AUSTRALIA hopes to play a key role in bringing non-Kyoto nations into a new-generation greenhouse reduction plan by helping to broker deals with some of the world's most fossil fuel-hungry nations.
The push to draw the US and the world's fastest-growing economies - including China and India - into a new greenhouse reduction scheme is understood to be a crucial element of an alternative to the Kyoto protocol being developed by some influential industry players and policymakers.
Australia has consistently resisted pressure to ratify the protocol, which came into force last January, because of the threat posed to the economy by large developing nations, which are not required to meet emissions reduction targets in the first phase.
