11 Jul '11, 4am

Australia begins selling disputed pollution tax

Australia begins selling disputed pollution tax

SYDNEY : Australia's Prime Minister Julia Gillard began Monday the mammoth task of selling a bold new tax on carbon emissions to sceptical voters, in a battle that could make or break her fragile rule. But Gillard, who leads a shaky coalition government, immediately faced a furious reaction from industries targeted by the tax, with coal and ore miners, airlines and other businesses warning it could hobble the economy. While Canberra insists the tax on the nation's 500 biggest polluters will help slow global warming and save natural treasures such as the Great Barrier Reef, opponents say it will have little effect on climate change but will cost taxpayers billions and force major industry to slash production and jobs. "We've opted for the cheapest way of cutting carbon pollution," Gillard said on commercial television as she launched an election-style campaign to convince v...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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