Positive Environment News

Australia Expects Less Than 1,000 Companies To Pay Carbon Tax

Date: 08-Mar-11
Author: Rob Taylor

Australian plans to impose a set price on carbon emissions would affect fewer than 1,000 companies, Climate Change Minister Greg Combet said on Monday.

Combet also said he expected Australia's emissions trading scheme would be internationally compatible once the scheme had passed beyond its fixed price period, which will run three to five years from July 2012.

(Editing by Ed Davies)

© Thomson Reuters 2011 All rights reserved

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