Herald Sun explains new Australian carbon tax


Richard Moore

Bcc: FYI
rkm websitehttp://cyberjournal.org

We answer the carbon tax questions

THE Herald Sun’s chief political correspondent Philip Hudson answers the big questions on the Government’s carbon tax plan.

Q: Why is the government introducing a carbon tax?
A: It says this is to put a price tag on pollution. At the moment business and industry can pollute for free. The Government says the amount of pollution needs to be cut, because it is contributing to climate change.

Q: When would the carbon tax start?
A: July 1, 2012.

Q: How much is the carbon tax?
A: It starts at $23 a tonne of carbon dioxide pollution.

Q: Will the tax go up?
A: Yes. It is designed to increase 2.5 per cent every year, for the next three years. It will rise to $24.15 on July 1, 2013 and then to $25.40 on July 1, 2014.

Q: Will the tax last forever?
A: Not in this form. From July 1, 2015, it will convert into an emissions trading scheme.