CARBON TAXES – AUSTRALIA

Back to future on carbon with Rio

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Original article by Greg Brown, Noah Yim
The Australian – Page: 1 & 4 : 16-Jul-25

Rio Tinto has used its submission to the Productivity Commission’s so-called ‘five pillars’ review to call for Australia to introduce a market-based price on carbon. The resources group contends that this is the most effective way to encourage the private sector to make low-carbon investments and reduce greenhouse gas emissions. However, Rio Tinto has also argued that further government subsidies will be needed, as a carbon price alone will not be enough to reduce heavy industries’ emissions while allowing them to remain globally competitive.

CORPORATES
RIO TINTO LIMITED – ASX RIO, AUSTRALIA. PRODUCTIVITY COMMISSION

Stealth carbon tax warning

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Original article by Greg Brown
The Australian – Page: 1 & 5 : 27-Apr-22

Prime Minister Scott Morrison has stressed that the federal government is fully committed to its net-zero emissions target of 2050, after Nationals senator Matt Canavan claimed that other countries are abandoning the this target. Meanwhile, Whitehaven Coal CEO Paul Flynn claims that Labor’s proposed changes to the government’s safeguard mechanism for large industrial emitters constitutes a "carbon tax by stealth". Labor has confirmed that coal mines will be included in a revised safeguard mechanism if it wins the federal election.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

PM rejects advice on carbon plan

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 8 : 8-Dec-16

The Federal Government has decided against considering a carbon scheme for the electricity sector and thus ignored advice from Chief Scientist Alan Finkel. In early December 2016, Energy Minister Josh Frydenberg suggested that such a scheme could be considered under Finkel’s review of Australia’s National Energy Market. He subsequently rejected this scenario, under pressure from Senator Cory Bernardi and Industry Minister Christopher Pyne.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, COUNCIL OF AUSTRALIAN GOVERNMENTS, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE

PM rules out carbon price

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Original article by Sarah Martin
The Australian – Page: 1 & 4 : 7-Dec-16

The Australian Government will proceed with its review of its Direct Action climate change policy, but Energy Minister Josh Frydenberg says introducing an emissions intensity scheme will not be on the agenda. A number of Coalition MPs have warned against the introduction of any policy that resulted in higher electricity prices, including a carbon tax or an emissions trading scheme. However, the Opposition has indicated that it supports an emissions intensity scheme.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN ENERGY COUNCIL, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

Shorten leaves Gillard’s carbon policy behind

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Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 28-Apr-16

Opposition Leader Bill Shorten says the Federal Government’s Direct Action policy will be abolished if the Australian Labor Party wins the 2016 election. Labor will aim for a 45 per cent reduction in greenhouse gas emissions reduction by 2030. Shorten’s policy is very different from the carbon price scheme of former prime minister Julia Gillard and quite similar to Malcolm Turnbull’s proposal when he was the opposition leader in 2009.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Government’s carbon rules all gums, no teeth, say experts

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Original article by Mark Ludlow
The Australian Financial Review – Page: 3 : 3-Sep-15

Environment Minister Greg Hunt says new carbon emissions rules strike a balance between tackling climate change and giving businesses flexibility in their operations. Big polluters can be fined up to $A1.8 million, but Hunt says the scheme is not a revenue raiser and he hopes no company is penalised. Critics say the rules are too soft.

CORPORATES
AUSTRALIA. DEPT OF THE ENVIRONMENT, GRATTAN INSTITUTE, REPUTEX AUSTRALIA PACIFIC PTY LTD

ACCC chases carbon levies

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Original article by Phillip Coorey, Joanna Heath
The Australian Financial Review – Page: 5 : 30-Jul-14

The Australian Competition & Consumer Commission (ACCC) will crack down on about 120 organisations that fail to recompense consumers following the abolition of the carbon tax. This includes companies such as airlines and waste management groups, as well as local councils. They had generally increased prices when the tax was introduced, and the ACCC is concerned that they may try to avoid passing on savings to consumers now that tax has been scrapped

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, QANTAS AIRWAYS LIMITED – ASX QAN, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, AUSTRALIAN LANDFILL OWNERS ASSOCIATION LIMITED, VEOLIA ENVIRONMENTAL SERVICES (AUSTRALIA) PTY LTD, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE ENVIRONMENT