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Kevin Rudd outlines plan to 'terminate' the carbon tax in 2014

2013-07-16 04:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Kevin Rudd has "terminated' the fixed-price carbon tax from July 2014, but Labor's carbon pricing laws are still likely to require a tougher emissions reduction target than the minimum 5% by 2020. The immediate focus of the prime minister's announcement that he would "terminate the carbon tax' will be the short-term price relief for businesses and households as the carbon price falls in July next year from from the legislated $25 in 2014-215 to a floating price the government says will be around...

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