The sun is seen rising behind the funnels of the brown-coal Hazelwood Power Station in Latrobe Valley, 93 miles east of Melbourne, Australia, on July 4, 2008. Australia should adopt a broad-based carbon-emissions trading sceme that includes energy and transport, but compensates industries whose offshore rivals do not adopt emissions curbs, an official report said on Friday. The 600-page draft report urged Australia to go further than its current goal to cut greenhouse-gas emissions by 60% by 2050, and warned of a major dent to the economy if it avoids the hard decisions on climate change.
Image courtesy of Reuters / Mick Tsikas