Shell chairman Russell Caplan says businesses need political consensus over the scheme so they can make decisions to invest with certainty.
"We're taking into consideration what's been disclosed to us about the Carbon Pollution Reduction Scheme in the investment proposals that we're considering, but I must say that the sooner we get to a position of certainty, the better we'll like it," he said.
from Richard Neville .....
The revelations of a once secret 2006 report by the International Committee of the Red Cross on the use of torture and "cruel, inhuman, or degrading punishment" on prisoners at Guantánamo and secret CIA jails came as a shock to many.
This is odd, because anyone with a keyboard, modem and half a brain, quickly discovered that in the panicky aftermath of 9/11, the West had forged a pact with the Devil. It was not only Dick Cheney who felt the call of the dark side - it was virtually the entire governing class of America, Britain and Australia.
The Australian government says it will push back a planned carbon emissions trading scheme (ETS) by a year.Prime Minister Kevin Rudd said the delay was necessary because of the poor economic climate.
But he also suggested that Australia could pursue tougher emissions reductions targets if an international deal was reached.
Switzerland's largest bank, UBS, has asked a US court not to go ahead with a tax case involving more than 50,000 US customers with Swiss accounts.
UBS told a federal court in Florida it would violate Swiss laws on banking secrecy if it provided the information on its clients.
The US suspects 52,000 Americans of using UBS accounts to hide almost $15bn of assets and unpaid taxes.