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Fixed, floating or blown away: pinning down Australia's carbon price

2013-07-16 10:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: What is the carbon price? Carbon pricing started on 1 July 2012 as a result of the federal government's post-election deal with the Greens and key independents Rob Oakeshott and Tony Windsor. The aim is to reduce Australia's greenhouse gases to meet a bipartisan target of a minimum 5%, and up to 25%, reduction in emissions by 2020. The carbon price works by charging Australia's major carbon emitters, such as power stations, mines and heavy industry, for their emissions. Businesses that generate...

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