Canowindra News

We should embrace debate around this $100 billion-a-year fossil fuel tax

By Ian A. Mackenzie
February 19 2024 - 5:30am

Leading Australian economists Ross Garnaut and Rod Sims last week sought to shake up the carbon policy debate in Australia, by proposing a tax on the nation's fossil fuel production. They claim it could raise $100 billion in its first year and position Australia at the forefront of the low-carbon revolution.

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