Australia has decided to put a price on carbon in the hope that it can kick-start its renewable energy i ndustry and reduce emissions . The Australian government has unveiled plans to impose a tax on carbon emissions for the worst polluters. Prime Minister Julia Gillard said carbon dioxide emissions would be taxed at A$23 ($25) per ton from 2012. The country's biggest economic reform in a generation will cover some 500 companies. In 2015, a market-based trading scheme will be introduced. Households are expected to see consumer prices rise by nearly 1%, and the move has been criticised by the opposition. The announcement by Gillard has led to a healthy debate about the plan, to put it mildly, as you can see on the comment section of this article . The greater question is: Will this lead to Australia to reconsider nuclear power ? "No one will build coal-fired power plants," he [Paul Breslin]said. "It is already sending a signal to prospe...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.