(EnergyAsia, June 14 2011, Tuesday) — Australia expects to generate A$11.5 billion in the first year of implementation of a controversial carbon tax, said the government’s top climate adviser Ross Garnaut, who is proposing to start the tax at A$20-A$30 a tonne. (US$1=A$0.93).Based on Dr Garnaut’s proposal, the carbon tax will rise 4% a year…
AUSTRALIA: Adviser expects carbon tax to raise A$11.5 billion in first year
Posted on June 14, 2011 by EnergyAsia