fed. govt to scrap mining tax, move to an ETS

[not_an_eloi]

Treasurer Chris Bowen confirms Government will scrap carbon tax for floating price

Updated 1 hour 52 minutes ago 

The Federal Government has confirmed it will scrap the carbon tax and move to an emissions trading scheme.

Treasurer Chris Bowen has confirmed the decision will cost several billion dollars.

He says cabinet has approved a plan to move to an emissions trading scheme next year, a year earlier than originally planned.

The fixed carbon price of $24.15 a tonne will be removed in favour of a floating price, thought to be between $6 and $10 a tonne.

Mr Bowen says the Government will keep the carbon tax compensation package for families, but has told Channel 10 there will be spending cuts in other areas to pay for the change.

"We understand very much the cost-of-living concerns in the community," he said.

"We understand that deeply, and any revenue decisions we make will have that front of mind.

"I think that will be clear when we announce the details in coming days."

http://www.abc.net.au/news/2013-07-14/federal-government-to-scrap-carbon-tax/4818980

[lakeland27]

there goes another line of attack. the liberal propoganda mailouts keep needing a tweak or two constantly, must be costing a fortune.

[meh_too]

Which clearly indicates they did not know what they were doing when they implemented it.  

[lakeland27]

no, it indicates a price adjustment in line with europe. its always been intended as transisional (the levy) its simply a matter of moving the date forward a year to shut the MSM and Abbott up.

[just_me_karen]

Oh no, what will abbott do with all his Scrap the Carbon Tax posters?

Let's hope Kevin doesn't find a solution to the boats or poor tony won't have a single thing to say. Except no no no no no noelition. He'll be stuck doing that head shaking thing until Election Day lol

[lakeland27]

Rudd's sending them broke with a printing bill. they have altered and updated the negative mail outs here, they had to pulp thousands of Gillard hate leaflets .

[donnashuggy]

Gee you are cynical Lakeland 

[lakeland27]

 i guess so.

[nero_bolt]

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@lakeland27 wrote:

Rudd's sending them broke with a printing bill. they have altered and updated the negative mail outs here, they had to pulp thousands of Gillard hate leaflets .

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[just_me_karen]

It's a terrible waste of cigarette corporation donations 😞 They should have just printed a million posters with NO! In angry letters.