Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses
Green Car Congress
JULY 10, 2011
In the fixed price stage, starting on 1 July 2012, the carbon price will start at A$23 (US$24.75) a tonne, rising at 2.5% We have had a long debate about climate change in this country. Transport fuels will be excluded from the carbon pricing mechanism. a year in real terms. —Prime Minister Gillard.
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