Australia Carbon Tax

July 10, 2011 - 5:29 AM
In this photo taken Friday, July 8, 2011, smoke bellows from a chimney stack at BlueScope Steel's steelworks at Port Kembla, south of Sydney, Australia. Australia will force its 500 worst polluters to pay 23 Australian dollars ($25) for every ton of carbon dioxide they emit, with the government promising to compensate households hit with higher power bills under a plan to reduce greenhouse gas emissions unveiled Sunday, July 10, 2011. (AP Photo/Rob Griffith)