Australia to set tax on carbon gas
Tuesday 17 May 2011
A planned tax on carbon gas emitting industries in Australia would be far below a recommended price that might have forced polluters to switch to greener technology, the government said today.
The still-undetermined starting tax, expected to be announced in July, would be "well south" of 40 Australian dollars (US$42) a metric ton (AU$44 a U.S. ton), Climate Change Minister Greg Combet said.
A consultant to the government described that amount as the tipping point where the tax would force power generators to switch from coal to cleaner gas technology, the Sydney Morning Herald reported.
"There are other views in the electricity-generating industry about what would happen at different price scenarios," Combet told reporters. The consultant's report will be made public Wednesday.
Australia is one of the world's worst greenhouse gas polluters per capita because it relies heavily on its abundant coal reserves for electricity.
Prime Minister Julia Gillard announced in February that a carbon tax will be applied to Australia's biggest industrial polluters from July 1, 2012.
Contentious details still undecided include the tax price and how much to compensate hard-hit industries and householders as they make the transition.
The carbon tax would be the main tool to meet the government's pledge to reduce Australia's greenhouse gas emissions by the year 2020 to at least by 5 percent below 2000 levels.
But Gillard's Labor Party does not hold a majority in either parliament chamber so will need the support of independents and the minor Greens party to make the tax a reality.
Australia and the United States had been the only industrialized countries to refuse to accept reduction targets on carbon emissions until the center-left Labor Party was elected in Australia in 2007. But Labor's attempts to pass such legislation have failed.
The main opposition party opposes the tax, arguing it would add to the cost of living for ordinary Australians.
The government says the revenue received from the tax will be paid back to low-income householders as compensation for the price rises.
Missing Malaysia Airlines Flight MH370: Wreckage could be found within a week as search reaches 'very critical juncture', says minister
The man they forgot to lock up: Mike Anderson was sentenced to 13 years in jail, but the police never came
Unbeliebable: The White House offers 'no comment' to anti-Justin Bieber petition
Loch Ness Monster found on Apple Maps?
South Korea ferry disaster: Families watch as remains of Sewol victims returned to shore
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
An open letter to Nigel Farage: you may smile, but I am not seduced
Abdullah Deghayes: My son was the martyr of a just cause, says father of British teenager killed in Syria conflict
- 1 Easter egg hunt horror as mother finds dead body under deck of house
- 2 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 3 Unbeliebable: The White House offers 'no comment' to anti-Justin Bieber petition
- 4 Loch Ness Monster found on Apple Maps?
- 5 Criminals ‘using unmanned drones and infrared cameras to find illegal cannabis farms’ – and then steal from the growers
£130 - £140 per day: Randstad Education Ilford: Secondary Geography Teacher Lo...
£55 - £70 per day: Randstad Education Cheshire: Are you a dynamic and energeti...
Negotiable: Randstad Education Group: SEN TAs, LSAs and Support Workers needed...
£50000 - £60000 per annum: Pro-Recruitment Group: The Sheffield office of this...