soloooooo
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The Gillard government announced today that the $15 min. price cap (per tonne) for the proposed emissions trading scheme will be scrpped with no new minimum, althoguh it will be linked to the European system (currently $10 per tonne).
What a backdown. Just last week Combet said that he had no intention of removing the $15 cap.
The budget and all of the compensation (pension rises, tax bracket changes etc) were all based on the $15 minimum price. There is going to be a big hole now.
What a backdown. Just last week Combet said that he had no intention of removing the $15 cap.
The budget and all of the compensation (pension rises, tax bracket changes etc) were all based on the $15 minimum price. There is going to be a big hole now.