Prime Minister Kevin Rudd has moved to reassure the coal and liquefied natural gas (LNG) industries that his government is committed to finding solutions to reducing their carbon emissions. He also refused to rule out free carbon permits for the LNG sector, saying he is open to submissions on Labor's recent green paper. "We'll be consulting with the LNG industry extensively across the country and we are confident we can find a way forward on this," he said. The green paper has proposed that trade-exposed energy-intensive industries be given free permits for a proportion of their emissions. But this would only apply to existing companies and Woodside Petroleum chief Don Voelte has said two major LNG projects, worth more than $60 billion, could be shelved. Asked if he would consider free permits for the industry, Mr Rudd...
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