Carbon market to stabilise: Combet
Federal Climate Change Minister Greg Combet is confident the international carbon market will stabilise in coming years. From July 1, the government will make less than 500 of Australia’s biggest polluters pay an initial $23 for every tonne of carbon they put into the atmosphere. This will be followed by a market-based emissions trading scheme in 2015. The aim is to cut 160 million tonnes of carbon dioxide from the atmosphere by 2020. Mr Combet stated there was a lot ...
