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Title: Australian PM introduces bill to repeal carbon tax
Source:The Economic Times
Date:23 June 2014

Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on June 23 2014 that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay. The opposition center-left Labor Party and minor Greens party used their Senate majority in March to block the bills that would remove the 24.15 Australian dollar ($22.79) tax per metric ton of carbon dioxide that was introduced by a Labor government in July 2012. The bills were defeated 33 votes to 29. But with new senators to take their seats on July 7 for the first time since Abbott's conservative coalition government took power in an election in September, the bills are expected to be passed by a narrow margin. Coal mining magnate and carbon tax critic Clive Palmer leads four new senators who have promised their allegiance to his influential Palmer United Party.




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