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    Australian Cotton Organization Pays Close Attention To Parliament'S Adoption Of Carbon Tax Legislation

    2011/10/21 9:38:00 38

    Australia Cotton Organizing Council Carbon Tax Legislation

    Australian cotton organization has been closely following Parliament.

    Carbon tax legislation

    At every stage.


    This is still an important policy area for cotton in Australia.

    The Australian cotton Organization says it will continue to work with policy makers and the Australian Federation of state farmers (NFF) to ensure that the government receives clear information from growers and the industry, that is, what impact this policy will have on agriculture.

    Australian cotton will also work with growers and industry to understand what this policy means to them, Australia.

    cotton

    It may also use policy implications to ease additional.

    Cost

    Pressure and what new financing options can support this.


    On October 12th (Wednesday), the legislative House approved the clean energy legislation.

    The purpose of this legislation is to implement the carbon tax policy (announced in July this year). The way of carbon pricing will take effect. The government will promote investment in renewable energy and clean energy technology, and take actions to reduce carbon dioxide pollution on the land.


    This legislative plan needs to be passed by both chambers before it can be implemented. Now the legislative proposal will be submitted to the Senate.

    The goal of the government is to enact an ambitious timetable by legislation at the end of the year and plan to implement carbon dioxide prices starting in July 2012.

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