Coal-Fired Power Stations As Prime Minister Rudd Plans To Scrap World's Highest Carbon Price

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Steam billows from the cooling towers at the Loy Yang A coal-fired... News PhotoAsia,Australia,Australian Culture,Cap and Trade,Co-Owner,Coal,Delivering,Environment,Factory,Finance,Fuel and Power Generation,Greenhouse Gas,Horizontal,Industry,Oceania,Station,Tower,Traralgon,Victoria - AustraliaPhotographer Collection: Bloomberg 2013 BloombergSteam billows from the cooling towers at the Loy Yang A coal-fired power station, operated by AGL Energy Ltd., front, and Loy Yang B coal-fired power station, co-owned by GDF Suez Australian Energy and Mitsui & Co., rear, as they stand next to the Loy Yang open cut coal mine on the outskirts of Traralgon, Australia, on Thursday, July 25, 2013. Australian Prime Minister Kevin Rudd will cut spending and limit tax concessions to fund a move to emissions trading a year ahead of schedule, should his Labor government win this year's election. Photographer: Carla Gottgens/Bloomberg via Getty Images