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Australia’s Gillard Says Mine Sale Vindicates Carbon Tax Plan

Posted July 12th, 2011 at 4:00 am (UTC-5)
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Australian Prime Minister Julia Gillard says a multi-billion dollar offer for a coal mining company proves her proposed carbon emissions tax will not harm the vital industry. Opposition lawmakers and coal industry leaders have denounced Ms. Gillard’s plan to impose a $24-a-ton tax on the nation’s top 500 polluters, arguing that it will force coal […]

Australia Unveils Plan for Carbon Tax

Posted July 10th, 2011 at 12:35 am (UTC-5)
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Australia unveiled plans Sunday to force its 500 worst polluters to pay $25 for every metric ton of carbon dioxide they emit. The government said the highly unpopular carbon tax will take effect on July 1 of 2012 and will continue until the country shifts to an emissions trading mechanism, with prices set by the […]

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