Australia to tax country's worst polluters

[Judi Lynn]

Source: Aljazeera

Australia to tax country's worst polluters
Government to introduce carbon tax on country's 500 largest polluters, as it unveils largest such scheme outside Europe.
Last Modified: 10 Jul 2011 05:50

Australia has unveiled extensive plans, including a tax on its worst polluters, to reduce its carbon pollution by 5 per cent over the next nine years.

In what is the largest carbon-reduction scheme outside Europe, the country's 500 worst polluters will be forced to pay $25 for every metric tonne of carbon dioxide they emit from 2012.

Some of this money will be used to help compensate households that will be hit by higher power bills.

"Australians want to do the right thing by the environment," said Australia's Prime Minister Julia Gillard, whose country is the rich world's worst per capita greenhouse gas emitter due to a heavy reliance on ageing coal-fired power stations for electricity generation.





Read more: http://english.aljazeera.net/news/asia-pacific/2011/07/20117104423651839.html

[Violet_Crumble]

1. Good. It's about time n/t

[snot]

2. K&R'd.