hockey backtracks on carbon tax compensation., page-26

  1. 7,747 Posts.
    I am confused do they or don't they?

    "We believe in incentives. We don't believe in penalties," he

    From the story

    "We believe in incentives. We don't believe in penalties," he said.
    However, the direct action policy document states: "Businesses that undertake activity with an emissions level above their business-as-usual levels will incur a financial penalty.
    "The value of penalties will be on a sliding scale at levels commensurate with the size of the business and the extent to which they exceed their business-as-usual levels.""

    From the Coalitions policy

    "Businesses with an emissions level above ‘business as usual’ levels will incur financial penalty.
    Value of penalties - sliding scale at levels commensurate with the size of the business and the extent to which they exceed their ‘business as usual’ levels. Penalties will not apply to new entrants or business expansion at ‘best practice.’
    Value of the penalties will be set in consultation with industry."

    http://www.mav.asn.au/policy-services/transport-infrastructure/asset-management/Related%20documents%20%20asset%20management/Climate%20change%20and%20engineering.pptx



 
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