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Australia: Carbon tax repeal: Hydro Tasmania says will cut nearly 100 jobs

2014-06-27 09:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The state-owned renewable energy firm Hydro Tasmania has announced it will cut nearly 100 jobs, blaming the repeal of the carbon tax as a factor in its decision. The company, which generates hydro and wind power and is owned by the Tasmanian government, said it will reduce its 1,092-strong workforce by 9% as a result of financial and market challenges. Hydro Tasmania said the repeal of the carbon tax, uncertainty over the future of the renewable energy target and softening demand in the...

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