Tag Archives: Carbon

Carbon Tax Appears To Backfire in a Big Way in Australia

Story by the Associated Press/Curated by Erica Ritz

SYDNEY (AP) — The ruling Labor Party’s probable collapse in Australia’s next election is largely the consequence of its qualified success in the last one three years ago. To form the coalition she needed to stay in power, then-Prime Minister Julia Gillard reneged on a promise and agreed to place a carbon tax on major polluters.