The Rise and Fall of the Australian Carbon Tax
Sep 23, 2013
The recent political victory of Australia’s new Prime Minister, Tony Abbot, may be the last straw to determine the fate of the country’s carbon tax. As a pre-election statement, Abbot promised to repeal the short-lived carbon-pricing legislation. Last Saturday, Abbot’s Liberal-National coalition ousted the long-running Labor government under Julia Gillard who instituted the carbon tax in 2012.