Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses
Green Car Congress
JULY 10, 2011
Australia’s per capita CO 2 emissions are higher than those of the US due to an emissions-intensive energy sector. For the first three years, the carbon price will be fixed, before moving to an emissions trading scheme in 2015. Gillard said that by 2020, this would cut emissions by some 160 million tonnes per year.
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