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Australian emissions dropped as carbon tax kicked in

Oliver Milman reports in The Guardian (24.12.14): ‘Australia’s greenhouse gas emissions dropped 1.4% in the second full year of the carbon price – the largest recorded annual decrease in the past decade. Data released by the Department of the Environment (pdf) showed that emissions in the June quarter rose 0.4%. However, annual emissions to June 2014 dropped 1.4%. This period includes the second 12 months of the carbon pricing system, which was introduced by the previous federal government in 2012. The Coalition fulfilled an election pledge by abolishing carbon pricing in July. Emissions reduction accelerated during the two-year span of carbon pricing, with emissions edging down by 0.8% in the first 12 months of the system.’

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