On Sunday, 10 July 11 the Australian Prime Minister Julia Gilliard announced a historic change in policies towards a more sustainable future, here the details in short:
UPDATE 13 Oct 11: The Lower House voted in favour to the carbon price mechanism, now the next step is to pass through the Federal Senate.
Carbon tax: $23/tonne of CO2increased by 2.5% above inflation each year until 2015.
Emissions trading scheme introduced in 2015.
The new tax will be paid by 500 of the nation's biggest polluters.
The scheme will exclude petrol for household motorists, farmers and small busine...