Guardian: Australia's controversial carbon tax comes into effect on Sunday after years of heated debate that has divided public opinion and driven the Labor government to a 40-year low in opinion polls. Under the new legislation, around 300 businesses will pay a fixed price of $AUD23/tonne for carbon emissions until 2015, when the market will set the price. Agriculture is exempt and trade-exposed industries like steel and aluminium will receive compensation of up to 94.5% on the price of permits. The...
URL: http://www.guardian.co.uk/environment/2012/jun/29/australia-carbon-tax
Enclosure: http://static.guim.co.uk/sys-images/Environment/Pix/columnists/2011/7/11/1310378224044/Government-Announces-Carb-008.jpg
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