New York Times: After two years of deadlock, Prime Minister Kevin Rudd said on Tuesday that his Labor government had put its carbon emissions trading plan on hold. The proposed emissions trading system had aimed to cut Australia’s emissions by 5 percent of 2000 levels by 2020, while giving significant concessions to energy-intensive industries. The plan was twice rejected by a bloc of conservative and Green Party lawmakers in the Senate last year and faced almost certain defeat were it to go before …