Carbon tax passes into law

Photo by Andrew Bryden

Well hallelujah šŸ™‚

The controversial price on carbon is set to become law now that the lower house of parliament has passed a set of bills outlining the scheme. The bills will have to pass Senate later in the year, but this won’t be a problem because of support from the Greens.

The scheme will require the top 500 polluters to pay a price on the carbon (per tonne) they are emitting.

‘To compensate households, the government is cutting income taxes and boosting payments such as pensions and other benefits, as well as offering various lump sum payments.

The average household is expected to pay about $9.90 a week in extra living costs, including $3.30 on electricity. However this will be offset by an estimated $10.10 in extra benefits and tax breaks. The Australian scheme will cover about 60 per cent of Australia’s emissions, making it the most broad-based in the world.’ (Sydney Morning Herald, 12/10/11)

This is an historic day for Australia. This issue has been discussed endlessly for the past 2 decades and with no action. Today we are moving toward action.

The climate change denialists are a well funded and influential group of idiots that have significantly dumbed down debate on this critical issue. History will not be kind to them.

Australia is one of the luckiest (if not THE luckiest) and wealthiest countries in the world. If a country such as ours takes no action on climate change than our planet is in real trouble.

Say YES to a price on Carbon.

Despite what the negative Opposition say, we can take action on climate change and it will make a difference. The introduction of a price on carbon is just the beginning of the story of the world moving toward a clean energy future.

13 thoughts on “Carbon tax passes into law

    • It is an efficient and equitable strategy (rather than for example piecemeal subsidies for green initiatives) – the entire European Union and many other countries around the world have already gone down this path – we need China and the USA to come on board.

  1. Hope forlks there get this passed…the state of affairs here is that we’re moving in the opposite direction in order to increase revenues for large corporations.:-(

  2. *Singing, with an imagined choir* HALLELUJAH. HALLELUJAH. BHP BILLITON CAN BITE ME. SO CAN RIO TINTO AND XSTRATA AND ALL OF YOU MINING POLLUTERS WHO THINK YOU ARE ABOVE THE LAW. HOPE YOUR SHAREHOLDERS ARE CRYING INTO THEIR CAVIAR. THEY CAN BITE ME TOO BECAUSE I WANT A CLEANER FUTURE FOR MY GRANDKIDS. HALLELUJAH IN EXCELSIS DEO!!!!!

  3. i never know where to place myself in this straggle between the two but this tax sounds great and you should be happy your country is on the front run with this one..

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