Oct. 12 (Bloomberg) -- Australia’s lower house of parliament today passed Prime Minister Julia Gillard’s plan to curb carbon emissions to reduce the country’s reliance on coal.
Australia plans to make about 500 polluters pay A$23 a ton for their carbon emissions starting next year before switching to a cap-and-trade system three years later. Gillard’s carbon tax is due for a vote in the upper house Senate next month.
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