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
From 1 July 2015, the carbon price will be set by the market. During the flexible price period, an overall cap will be placed on Australia’s annual greenhouse gas emissions from all sources of pollution covered by the carbon price. Economists and experts agree that the best way is to make polluters pay by putting a price on carbon.
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