Skip to comments.Australian opposition pledges carbon tax will go
Posted on 08/05/2013 6:12:43 AM PDT by Olog-hai
Australias conservative opposition party is casting the looming election as a referendum over a contentious carbon tax, pledging on Monday that scrapping the tax would be its first priority if it regains power.
The major political parties as well as the public are bitterly divided over whether Australian industrial polluters should be forced to pay for the carbon dioxide and other greenhouse gases they produce. Australians are among the worlds worst emitters of such gases on a per capita basis.
The issue rose Monday when Virgin Australia, the nations second largest airline, blamed a carbon tax bill of up to 50 million Australian dollars ($44 million) for blowing up its forecast loss for the last fiscal year to as much as AU$110 million.
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LOL. A real objective report--not.
The Aussies have few hydro electric dams, no nuclear power plants and haven’t yet totally despoiled their country with worthless windmills. Almost 80% of their electric power comes from coal so guess who will feel the carbon tax the most...Aussie consumers.