News wrap

IN THIS morning's News Wrap: China set to launch ETS, putting more pressure on Australian coal exports; Adani needs Carmichael mine to stave off income crash, report says; and Russia’s 10-year gold itch sends its hoard to Putin-era peak.

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China set to launch ETS, putting more pressure on Australian coal exports

China will launch a national emissions trading scheme by the end of the year, joining major regional economies India and South

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