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NSW tables 'clean coal' bill – without offset clause
NSW today introduced a bill to establish a 'clean coal' fund that could receive hefty contributions from the coal industry. But, unlike similar Queensland legislation passed last year, it doesn't commit the state to lobby for industry contributions to be treated as offsets under an emissions trading regime.
Meanwhile, Prime Minister Rudd and Climate Change Minister Penny Wong announced funding for cleaner coal projects in China and for a carbon accounting pilot project to help China prepare for 'possible participation in future global carbon markets'.
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