Australia’s richest politician, Malcolm Turnbull, was elected leader of the conservative opposition on Sept. 16, bringing guarded support for the government’s emissions trading scheme planned to start in 2010. The move aims to end destabilizing speculation about the leadership of the Liberal Party, which has struggled to gain in opinion polls since Prime Minister Kevin Rudd’s Labor won power last November, ending almost 12 years of conservative rule. Turnbull, an environment minister in the previous government, was a strong advocate of Australia ratifying the Kyoto Protocol on climate change, but was rebuffed by former PM John Howard. (Reuters)

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