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Australia plans to scrap fixed price on carbon: Treasurer

Posted on 15 July 2013

Australia plans to scrap its carbon tax and bring forward an emissions trading scheme, Treasurer Chris Bowen said on Sunday, a policy shift certain to be a focal point in the forthcoming election.
Under current plans, Australia would move from the current fixed price on carbon — essentially a tax assessed on larger companies entitling them to produce carbon emissions — to a floating price in July 2015………………………………………..Full Article: Source


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