Aviation Has to [Participate in Climate Swindle] - Bloomberg
“‘If we had only done that for European airlines only it wouldn’t be fair,” Hedegaard told a seminar in Brussels today. “Everyone agrees the aviation sector has to contribute.”Australian industries insist carbon tax unnecessary - International Business Times
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Under the legislation, 82 percent of the emission allowances making up the airline-industry cap will be allocated for free, and 15 percent will be auctioned. The remaining 3 percent will be put into a special reserve for later distribution to fast-growing airlines and new entrants.
Federation President Jock Laurie says that the carbon tax will equal to about 16 percent reduction in net income for farmers.
The American Farm Institute has already released other data showing grain production costs rising by $39,000 under a carbon tax.
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