
Australia has passed carbon tax legislation. The Gillard government led by Prime Minister Julia Gillard will now implement a plan to cut roughly 160 million tons of carbon pollution by 2020, provide tax cuts, household payments and pensions for homeowners and small businesses affected by the carbon tax, and, as Gillard said in a statement on its passage, this all represents “a major milestone in Australia’s efforts to cut carbon pollution and seize the economic and job opportunities of the future.”
Starting July 1, $23/ton will apply to carbon, a price the Gillard government said will give businesses time to get used to the new system; a system that will affect approximately 500 of the country’s largest carbon producers. “It’s a charge on pollution,” Gillard stated, “not a tax on households or small businesses.”






