DdC

“I know that most men, including those at ease with problems of the greatest complexity, can seldom accept even the simplest and most obvious truth if it be such as would oblige them to admit the falsity of conclusions which they have delighted in explaining to colleagues, which they have proudly taught to others, and which they have woven, thread by thread, into the fabric of their lives.” - Tolstoy

Australia becomes 10th nation to introduce tax on greenhouse gas emissions

The main features of the plan are:

- Initial carbon price of $23 per tonne of carbon pollution to be paid by the 500 heaviest emitters and increasing by 2.5 per cent in real terms.
- A transition to a market-based emissions trading scheme in 2015.
- $9.2 billion from the revenue stream to help businesses and workers impacted by the plan.
- Tax cuts and pension increases to protect people from higher prices.
- A $1.2 billion Clean Technology Program to improve energy efficiency in manufacturing and to support research and development.
- Australia's most polluting electricty generators will be closed and replaced with gas-fired units by 2020.
- A $10 billion Clean Energy Finance Corporation to fund new clean energy technology.
- An Australian Renewable Energy Agency to manage a $10 billion Clean Energy Finance Corporation to fund new clean energy technology.
- A target of 20 per cent renewable energy by 2020.
- Agriculture excluded from paying the carbon price.



Mining in the Arctic by melting the ice caps!

Which other countries have a carbon tax?

Finland: introduced the world’s first carbon tax in 1990. Taxation of liquid fuels and coal takes account of both their energy content and carbon dioxide emissions, and also emissions into the local environment that have adverse health effects.

The Netherlands: The Netherlands levies a general fuel tax on all fossil fuels. Fuels used as raw materials are not subject to the tax.

Sweden: in 1991 Sweden enacted a carbon tax.

India: a levy on coal producers was introduced in 2010.

Norway: in 1991 Norway introduced a tax on carbon. However its carbon emissions increased by 43m per cent per capita between 1991 and 2008.

Denmark: enacted in 1992, Denmark’s carbon tax applies to all energy users, which includes the industrial sector.

Switzerland: a carbon incentive tax was introduced in Switzerland in 2008. It includes all fossil fuels, unless they are used for energy.

Ireland: a tax on oil and gas came into effect in 2010. It was estimated to add around €43 to filling a 1000 litre oil tank and €41 to the average annual gas bill.

Costa Rica: in 1997 Costa Rica enacted a tax on carbon pollution, set at 3.5 per cent of the market value of fossil fuels. The revenue raised from this goes into a national forest fund which pays indigenous communities for protecting the forests around them.

OPEC Fossil Fuels vs American Homegrown Bio-diesel

Ban Fossil Fools for the Sake of the Children huffing it!

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Roach

so if you fart in Australia you'll get a fine ?

jk




More money to fund alternative energy sources is always good.

SkycladInSummer

^that made me

What benefits are the countries who already have it in place seeing from doing this. Is it in part an effort to make farms, companies or industry more conscious of their waste or more responsible for it?

If they did this in the US they would hire 1500 employees and have a skyscraper that ate more energy than everyone taxed could use AND the executives managing it would be paid a million or 6 more than they were collecting!