CALL NOW 03 9005 4700
Innovating Since 2006
Innovating Since 2006
Garnaut calls for a carbon tax of up to $30 a tonne
18-Mar-2011 Climate adviser Professor Ross Garnaut has recommended a start-up carbon tax of between $20 and $30 a tonne...Professor Garnaut says the government should shift to a full emissions trading scheme, where the price is set by the market, in 2015.
From that date industry assistance should be offered on the less generous basis he initially proposed - with compensation paid only for the gap between the world prices expected with a global carbon price, and without global carbon pricing.
He proposes the initial price of between $20 and $30 a tonne from next year be increased by 4 per cent a year for the first three years, before the move to a full market.
Source: http://www.smh.com.au/environment/climate-change/garnaut-calls-for-carbon-tax-of-up-to-30-a-tonne-20110317-1by6p.html
Find out what we can do for your business, call us at 03 9005 4700
Copyright © 2010 Global Sustainability Initiatives
Designed by Digital Office Builder
Designed by Digital Office Builder
Comment