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Abbott may lack company support for killing Aussie carbon price

Posted on 25 September 2013

Australia’s new prime minister can’t count on big polluters to support his plan to stop charging them for greenhouse-gas emissions, according to the Carbon Market Institute.
While business groups such as the Minerals Council of Australia have criticized the carbon price as a “dead weight on the economy,” few individual companies have spoken up to endorse Tony Abbott’s plan to scrap what he calls a carbon tax, said Peter Castellas, chief executive officer for the Melbourne-based institute, which surveyed about 200 of the country’s largest emitters before the Sept. 7 election………………………………………..Full Article: Source


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