In spite of Abbott’s best attempts to thwart it, Australia already has a mechanism in place to reduce emissions and provide significant investment capital for renewables. With attendant compensations to consumers such as raising the tax free threshold, family tax benefits and other measures, many poorer Australians, particularly pensioners, are actually better off under the current carbon pricing scheme. In spite of what Abbott would have us believe, the Clean Energy Act is not a toxic tax. Rather it is a complex package of reforms with the potential to not only lower emissions, but also transform the backbone of the Australian economy from primary production to technology. theaimn/open-letter-senators-lambie-lazarus-wang/
Posted on: Sun, 13 Jul 2014 04:12:53 +0000
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