. $23-a-tonne price on carbon pollution from mid-2012
. About 500 polluters will pay carbon tax
. Emissions trading scheme with a floating price from 2015
. Aim to reduce emissions by 5 per cent on 2000 levels by 2020
. Those earning between $16,000 and $20,500 a year will pay no tax
. An emissions trading scheme with a floating price will begin three years later
. There will be compensation for most households and big business to help them adjust
. A separate piece of legislation will support steel workers through a $300 million transformation plan
Prime Minister Gillard: “Today we move from words to deeds,” she told Parliament
Via the Sydney Morning Herald
Ms Gillard said politicians would be judged by Australians now and in the future.
The final test was not whether you were on the right side of the short-term politics or polls, she said.
“The final test is this: are you on the right side of history?
“And in my experience the judgment of history has a way of speaking sooner than we expect.”
She finished by harking back to the “It’s time” election campaign of former Labor great Gough Whitlam.
“It’s time to deliver the action on climate change we need,” she said.
“To do what is best for Australian families, what is best for future generations, what is best for this country.
“I know we can get there.”
Meanwhile, Tony Abbott is encouraging “the others” to cross the floor and most definitely will not be supporting “her” or was that “she”.