Tuesday 8 November 2011
The Federal Government's carbon pricing legislation has been passed by the Senate, clearing the way for the plan to take effect from the middle of next year.
After two failed attempts, months of negotiations, and many hours of parliamentary debate, the Government and Greens used their numbers in the Senate to force a final vote.
For the first time, Australia will have a price on carbon. This will create incentives to reduce pollution and invest in clean energy.
The legislation represents important environment and economic reforms for Australia. The reforms will ensure that Australia plays its responsible part in global efforts to tackle climate change, and also ensures that Australia reduces its carbon pollution in the most economically efficient manner and includes extensive measures to support jobs and competitiveness.
Australia is one of the top 20 polluting countries in the world. Scientists advise the world is warming and that high levels of carbon pollution risk environmental and economic damage. Taking action sooner rather than later means the transition to a clean energy future can be more gradual, manageable and affordable.
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