Wednesday, October 12, 2011

First Stage of Legislation for a Carbon Tax Passes Today.

The lower house of the Australian Federal Parliament has passed the 18 pieces of legislation that will constitute the carbon tax laws in Australia. the current opposition has vowed to rescind the laws if elected to government. It will be interesting, to say the least.

Following that, the legislation was then introduced into the upper house [ Senate] and is expected to pass through there next month.

Lots of media coverage online........and they have the space to have a lot of words too!

For example - here http://www.theaustralian.com.au/national-affairs/carbon-plan/green-light-for-carbon-tax-red-flag-for-industry/story-fn99tjf2-1226164872713
and also here - http://www.abc.net.au/news/2011-10-12/uhlmanns-interview-with-greg-combet/3555570 .

Will it make a difference to carbon emissions worldwide? Absolutely not!

But it places Australia on a path towards lowered carbon intensity, and it is believed it will generate jobs in newer low carbon industries, seen as industries of the future.

Time will tell who is correct.

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