Antinuclear

Facts on Australia’s new climate change legislation

How the package will roll out , SMH, November 8, 201

Factbox on how the climate package will roll out:

• Carbon emissions tax for the 500 biggest polluters starts on July 1, 2012.

• Tax moves to an emissions trading scheme in 2015.

• Tax will not apply to agricultural emissions or light on-road vehicles.

• Electricity generation, stationary energy, some business transport, waste, industrial processes and fugitive emissions will be covered by the initial tax.

• Average households will see a $9.90 weekly cost rise.

• Average households will receive assistance of $10.10 weekly.

• Free carbon permits will be given to the most emissions-intensive and trade-exposed industries.

• The government wants to cut pollution by 80 per cent by 2050.

(Source: Federal Government)

http://www.smh.com.au/environment/climate-change/how-the-package-will-roll-out-20111108-1n4rn.html

November 9, 2011 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, climate change - global warming | climate change - global warming