The Law of Unintended Carbon Tax Consequences

Coal generator admits its profits will fall without a carbon tax Guest essay by Phillip Hutchings Within minutes of the Australian parliament voting to scrap our carbon tax today, one of our major coal-fired electricity generators issued a profit warning announcement. (You’ve got to love the ASX. Listed companies here must publicise anything which has…

RIP Australia’s Carbon Tax

UPDATE: at ~ 11:14AM local time in Australia, it was repealed! From ABC: Legislation to scrap the carbon tax has passed the Federal Parliament in a major win for the Abbott Government. After a lengthy debate, the Senate voted to get rid of the price on carbon, with 39 senators voting for and 32 voting…

Aussie Carbon Tax Repeal Defeated – For Now

Palmer United Party Playing Politics Story submitted by Eric Worrall The Australian Abbott Government’s attempt to repeal the Carbon Tax has been defeated, for now, after senators from the Palmer United Party and the Motoring Enthusiasts Party decided to side with the opposition, to defeat the motion to repeal the tax. According to Aussie Mining…