‘Carbon tax by stealth’: Coal companies express concern over PM’s climate change policy

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Major coal companies say the Prime Minister’s newly minted climate change policy is, in effect, a “carbon tax by stealth”, according to Sky News host Sharri Markson.

“Greens leader Adam Bandt says that under the deal he struck with Labor, Climate Change Minister Chris Bowen now has special powers and calls them a ‘pollution trigger’, Ms Markson said.

“This would give Chris Bowen the power to stop fossil fuel expansion if it would lift pollution above legislated targets.”“Coal companies – Whitehaven, New Hope, Bowen Coking Coal and Peabody Australia – say that Labor’s concessions to the Greens will increase energy prices, destroy jobs and kill foreign investment.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good

A professor from one of the universities has already said let’s call it by it’s name a carbon tax. This is going to see businesses shut their doors again and unemployment rise. We have all been here before

So they might have to pay tax

Really, who would have thought that?

Who’s Sharri backing these days.

They wanted a carbon tax and the people voted against it. Labour have always treated the people with contempt

That was obvious even before the last election but all the fools kept drinking the koolaid , as often said be careful what you wish for folks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines