Wednesday, October 12, 2011

Australia moves closer to law establishing carbon tax

The Australian government's goal of implementing a carbon tax passed its toughest test today as the lower house of Parliament overwhelmingly approved a package of bills that institutes a phased-in carbon tax, to be followed by a carbon-trading system.

The 18 bills now go to the Senate, where the law is all but assured of passage in mid-November.

According to Prime Minister Julia Gillard, the system will reduce Australia's carbon emissions by 159 million tons by 2020. Australia is the largest per-capita carbon polluter, with an economy deeply dependent on coal.

http://latimesblogs.latimes.com/greenspace/2011/10/australia-climate-change-carbon-tax-cap-and-trade.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+GreenspaceEnvironmentBlog+%28Greenspace%29

Article courtesy of The Los Angeles Times –Greenspace posted by Julie Cart