Home Australia: Carbon price abolition will cost $7.4bn over four years
 

Keywords :   


Australia: Carbon price abolition will cost $7.4bn over four years

2013-12-19 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Abolishing the carbon price will result in a $7.4bn deterioration in the budget position over the next four years, with the federal government setting aside more than $2bn in 2013-14 to buy back "free permits" allocated to Australia's heavy emitters. The Coalition has pitched its long-running political campaign against carbon pricing squarely in a cost-of-living frame -- arguing the "carbon tax' regime drives up consumer prices. But the mid-year economic forecast released on Tuesday confirm...

Tags: years price cost australia

Category:Electronics and Electrical

Latest from this category

All news

»
27.11 (uF6-060903
27.11 CD
27.11 155cm SALOMON 2461
27.11CISA &1227
27.11 110
27.11Lisa Larson 15271
27.1110REBORN
27.11CD glitsmotel urge blue
More »