QRC labels ETS unfair

THE Queensland Resources Council says the coal industry will be forced to pay two-and-a-half times more tax than other emissions-intensive, trade-exposed industries under the government’s emissions trading scheme.
QRC labels ETS unfair QRC labels ETS unfair QRC labels ETS unfair QRC labels ETS unfair QRC labels ETS unfair

Courtesy Queensland Resources Council.

Angie Tomlinson

“Under the ETS, the coal industry is going to be taxed an extra $10 billion over the next decade for methane emissions from mining that can neither be measured accurately nor reduced significantly,” QRC chief executive Michael Roche said yesterday.

“If the coal industry was being treated the same as other emissions-intensive, trade-exposed industries, the additional tax imposition would be around $4 billion.”

Roche said the coal industry was not seeking more compensation under the scheme but wanted “fair treatment in line with other industry sectors”

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