Australian carbon tax to hit top 500 polluters

The right wing in Australia is going nuts but why should polluters get a free pass? Who is going to pay for the environmental damage plus the associated health care costs of polluters? The Guardian:

The Australian government has unveiled one of the world’s most ambitious schemes to tackle climate change, a plan to tax carbon emissions from the country’s worst polluters.

After a bruising political battle to win support for the measure, the prime minister, Julia Gillard, said on Sunday that from July next year, 500 companies would pay $23 (£15) a tonne for their carbon emissions in the largest emissions trading scheme outside Europe.

The government predicts that by 2029 the plan will lead to a reduction in emissions equivalent to taking 45m cars off the road. The government will fix the tax for three years, before moving to a market-set price in 2015.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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