Labor Signals Qualified Support for Australia Carbon Repeal
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The Australian opposition may support Prime Minister Tony Abbott’s bid to repeal the nation’s carbon tax if the government agrees to retain an emissions-trading program, Labor leader Bill Shorten said.
“We believe the best, most cost-efficient way to deal with carbon pollution is an emissions-trading scheme,” Shorten told reporters in Canberra today. Labor will look to amend legislation that Abbott has pledged to introduce when the new parliament meets this month, in order to keep a market-based emissions-trading system, now due to start July 1, Shorten said.