Economy - Voice of America: Australia Prepares for Carbon Tax

Economy - Voice of America economy-and-business

Australia Prepares for Carbon Tax Jun 28th 2012, 12:04 SYDNEY - Australia is preparing to introduce a carbon tax July 1. The levy would force about 300 of the country's biggest polluters to pay roughly $23 for each ton of carbon dioxide they emit. The aim is to encourage heavy polluters to invest in cleaner technology to reduce their tax liability and help the environment. Australia is the world's largest coal exporter and one of the biggest per capita greenhouse gas emitters.  "The question is how we can get dangerous ... Media files: 9F4B5AC8-19AE-448B-B0D0-9835449AD909_cx0_cy8_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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