Renewable energy and carbon price are financial winners for Tasmania
Tasmania wins from pollution price http://christine-milne.greensmps.org.au/campaigns/tasmania-wins-pollution-price 21 March 14, Since the government made big businesses pay for their greenhouse pollution, Tasmanians have come out ahead because the money raised is used to help low-income earners, and invest in clean energy.
Tasmanians who earned $80,000 or less got a permanent tax cut, and the amount you earn before you pay tax was increased from $6,900 to $18,200.
More than 295,000 Tasmanians had permanent rises in their Age Pension, Disability Pension, Carer Allowance, Newstart Allowance, Youth Allowance, Austudy and Abstudy payments, special benefits and Family Tax Benefit A and B.
Tasmanian businesses received $13 million in grants to help their energy efficiency, and $14.9 million went to farmers and landcare groups to protect our soil, wildlife and bush from the effects of climate change.
Part of the funding raised by the price on pollution is also being used to fund investment in more clean renewable energy and energy efficiency, including projects in Tasmania. Tasmania produces more renewable energy than any other Australian state. Selling our renewable energy to other states earns about $70 million for Tasmania every year.
This money is used to pay for our hospitals, schools and other important services. Producing renewable energy fits with Tasmania’s clean, green and creative brand which so many businesses rely on.
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