Bloomberg: Australia’s emissions trading system will begin in 2010 and the market will determine the price, Climate Change Minister Penny Wong said. The new Labor government, elected in November and which signed the Kyoto Protocol in its first day in office, has started talks with the industry on technical issues for the system and will release a so-called Green Paper on its design in July. Draft regulations will be released in December and the system will start in 2010. “The …