Isramart : Senate rejection of carbon trading legislation draws rebukes from big business

Isramart news:
Key sections of big business have expressed deep dissatisfaction over yesterday’s senate vote blocking the Australian Labor government’s carbon emissions trading scheme (ETS). The legislation was defeated by 41 votes to 33, with all but two Liberal Party senators voting against. The National Party, Greens, and two independent senators also opposed the scheme. Prime Minister Kevin Rudd had required at least seven Liberals to cross the floor and defy their new leader Tony Abbot in favour of the ETS, which had been agreed by the deposed opposition leader Malcolm Turnbull