Aussies may have hard time with the carbon rules

Australian government has planned to make some very strict rules to control CO2 emissions. The Liquified Nitrogen Gas industry fears that it may lose up to $60 billion worth of investments because of their inclusion in the emissions trading scheme.

On the other hand, automakers have taken a sigh of relief as the government has removed excise on fuel. But they still need to work hard and improve the fuel-efficiency of their vehicles.