Businesses unsure of carbon tax legislation

Businesses unsure of carbon tax legislation

Federal Environment Minister Greg Hunt has failed to guarantee businesses won’t pay the carbon tax, after it is cut next year.

Prime Minister Tony Abbott released proposed legislation yesterday, which will ensure the carbon tax comes to an end by July 1 next year, with or without the support of Parliament.

Mr Hunt will today start consulting with business and environment groups about the legislation, but he says the repeal bills need to pass for the tax to be scrapped altogether.

He has failed to say what would happen with businesses if the legislation fails to pass before that date.

Meanwhile, an expert in the economics of climate change policy says the Federal Government will face a significant challenge in passing its legislation to repeal the carbon tax, by the end of this year.

Strategic Professor at the Institute for Land Water and Society at Charles Sturt University, Kevin Parton, says he believes Australia needs some kind of pricing scheme, and unless new legislation is put in place, there will be a carbon tax.

 

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Libby Dreyer
Libby Dreyer 1729 posts

Libby has worked as a Senior Journalist at National Radio News since February 2011. She graduated with a Bachelor of Journalism from the University of Canberra in December 2010.

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