Agence France-Presse: Australia on Sunday introduced a controversial carbon tax in a bid to tackle climate change, with Prime Minister Julia Gillard hailing the move amid opposition warnings it will stifle industry. The tax on corporate pollution, which led to demonstrations across the vast nation, will force about 350 major polluters to pay Aus$23 (US$23.5) for every tonne of carbon they produce. It comes into effect on the same day as an equally contentious levy on mining profits, the hard-fought Mineral Resource...
URL: http://news.yahoo.com/australia-brings-contentious-carbon-tax-020854639--finance.html
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