KEVIN Rudd has taken a swipe at the Abbott government for scrapping the carbon tax as China moves towards an emissions trading scheme. The former prime minister was speaking in New York at an Asia Society event with chairman of the Paulson Institute and former US Treasury Secretary, Henry ?Hank? Paulson. RUDD: Another high-level appointment Mr Rudd spoke at length about the rise of China and its relationship with the United States and Asian neighbors, with the occasional mention of domestic politics. ?I find it remarkable that China, I think it?s about two weeks ago, announces that it?s now moving towards ? a national cap and trade system when countries like the United States are not (and) countries like my country Australia are moving away from carbon pricing,? Mr Rudd said. ?So tick to the Chinese for getting the direction right, there?s a lot more work to be done yet.? Mr Rudd has previously conceded that the biggest mistake of his first term as prime minister was abandoning his government?s emissions trading scheme.

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