Rudd stated that the postponement was necessary as he would launch more ambitious objectives in 2010.
Several environmentalists had been urging Australia, US and other important nations to authorize legislation prior to the conference, which they say necessitates pledges by the developed world to compel developing nations to join a new international agreement.
The postponement in Australia indicates how the Green New Deal draws less interest from politicians as a resolution to the economic slump.
While governments have invested huge sums of money into clean energy systems, several analysts state that the most effective means of eliminating contaminating fossil fuel-based systems is a price on carbon emissions via cap-and-trade systems. However, legislation establishing those systems now may suffer because of various legislatures for some time.
