Reuters: The Australian Senate rejected legislation to repeal the country's carbon tax on Thursday because it did not guarantee savings would be passed onto consumers, but amended legislation could still pass as early as next week.
Mining magnate Clive Palmer's Palmer United Party (PUP), which holds the balance of power in the Senate, had said it would pass the legislation but withdrew support at the last minute.
"We're very clear: we support the removal of the carbon tax, but we don't support the removal...