‘This is a carbon tax’: Angus Taylor takes a swipe at Business Council

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Emissions Reduction Minister Angus Taylor has warned the the Business Council’s plan for bigger emissions reductions are effectively a carbon tax. emissions carbontax jamesmassola

for Australia to adopt more ambitious emission reductions targets.

However, “this report makes a number of recommendations that have concerning impacts for households and businesses. The analysis behind the BCA’s report ‘did not explicitly model specific technologies”’ or how much their cost of deployment would need to fall to avoid imposing new costs on the economy,” he said.

The Safeguard Mechanism provides a framework for Australia’s largest emitters to measure, report and manage their emissions.

 

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jamesmassola … and what is wrong with that? It’s already been proven to be an effective mechanism in australia and elsewhere. Soon if we don’t tax carbon locally, the tax will be paid on our exports to many developed countries. AngusTaylorMP auspol

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