Will the Carbon Tax work?
Friday, 29 June 2012
Produced by Lauren Gillin
Labor's Carbon Tax will take effect on Sunday the first of July. The tax is a charge of $23 per tonne of emissions paid by Australia's top polluters. It aims to limit fossil fuel energy use and encourage investment in clean energy sources. In 2015, it's set to be replaced with a market-driven system, known as an Emissions Trading Scheme.
The Wire spoke with leading academics Professor Mike Sandiford and Patrick Moriarty to find out if they think the tax will reduce emissions. (Photo by mugfaker on Flickr)
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Patrick Moriarty - Adjunct Senior Research Fellow ,Monash University
Professor Mike Sandiford -Director of the Melbourne Energy Institute, Melbourne University
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