Tuesday, July 16, 2013

Australia Ends Carbon Tax

The carbon tax has been very unpopular with businesses and with the public.  Australia's new Prime Minister decided to end the carbon tax, prior to the fall elections.  The plan is to implement a cap and trade system which will dramatically reduce the cost per ton of carbon emissions.  Climate policy in Australia has been trumped by economic issues and strong resistance from businesses most affected by the tax.

No comments:

Post a Comment