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Australia’s New PM Moves to Repeal Carbon Tax
Source: AFP
Source Date: Thursday, November 14, 2013
Focus: Institution and HR Management
Country: Australia
Created: Nov 19, 2013

Australia's new conservative Prime Minister Tony Abbott Wednesday moved to abolish a carbon tax designed to combat climate change as his first major economic reform since taking office.


Abbott said the September 7 election, which he won decisively, had been a referendum on the future of the tax that was imposed by the former Labor government on major polluters from 2012 in a bid to reduce carbon emissions.


"No one should be in any doubt - the government is repealing the carbon tax in full," he said as he introduced a bill to repeal the tax into parliament.


"We are doing what we were elected to do. We have said what we mean and we will do what we say - the carbon tax goes. It goes."


Scrapping the divisive tax was a central election promise of Abbott who had argued the cost of the levy was passed on to consumers, resulting in higher utility bills and day-to-day costs.


"The intention of the new government is to put power prices down by axing this toxic tax and by using other means to reduce emissions," he said.


"This is our bill to reduce your bills, to reduce the bills of the people of Australia."


Abbott also said the removal of the tax would strengthen the economy of Australia, which is among the world's worst per capita polluters due to its reliance on coal-fired power and mining exports.


The carbon tax had charged the country's biggest polluters for their emissions at a fixed price and was due to transition to an emissions trading scheme.

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