February 24, 2014 3:48 am
Carbon credit crunch as federal government takes first step to scrap the tax THE DAILY TELEGRAPH FEBRUARY 24, 2014 THE federal government will today take the first step in scrapping the carbon tax by introducing a surprise regulation to cancel an auction of billions of dollars of carbon credits.
Environment Minister Greg Hunt will block the Clean Energy Regulator from selling any more credits to businesses, which was to be conducted before June this year. In an unexpected move that will take Labor and the Greens by surprise, a regulation signed secretly last week will be tabled in both houses of parliament this morning.
……, the move will also force Labor leader Bill Shorten to side with the Greens in the senate to veto the government……http://www.dailytelegraph.com.au/news/national/carbon-credit-crunch-as-federal-government-takes-first-step-to-scrap-the-tax/story-fni0xqrc-12268354407
Posted by Christina Macpherson
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