Australia took another major step towards a clean energy future today after the Senate passed legislation which will pave the way for one of the most important environmental and economic reforms in the nation’s history.
The passage of the Clean Energy Future legislative package will allow Australia to begin reducing emissions, developing and fostering new technologies in renewable energy, encouraging energy efficiency and creating opportunities in the land sector to cut pollution.
The previous round up of the climate changeIt will drive investment in clean energy and it will ensure that Australia plays its part internationally as a global citizen.
A fixed carbon price of $23 a tonne will apply from 1 July, 2012, moving to a flexible price after three years.
The carbon price is a tax on pollution and will only be paid by Australia’s largest polluters.
For most people, the Government’s comprehensive Household Assistance Package will cover, and in many cases exceed, any price rises.
In fact, nine out of 10 households will receive compensation from a combination of tax cuts and increases to family benefits.
Read more at www.climatechange.gov.au
http://www.cleanenergyfuture.gov.au/
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