In the face of heated opposition to the tax and growing support for Abbott’s push to abolish it, former Labor Prime Minister Kevin Rudd attempted to woo voters by moving away from a carbon tax to a cap-and-trade system with a floating price on carbon.
“The government is moving in this direction because a floating price takes cost-of-living pressures off Australian families and still protects the environment and acts on climate change,” Rudd told reporters. “We have still got a fair bit of budget work to do, as this has to be a budget-neutral undertaking.”
“The previous government would often say the right thing but it would invariably do the wrong thing when it came to business,” Abbott told the Post. “There was an explosion in red tape and green tape… It was a government which thought that there was no problem that more public servants, higher taxes and further regulation couldn’t fix.”
Abbott’s coalition will face stiff resistance from the Labor Party as they push forward with dismantling liberal environmental policies.
“Labor stands by its election commitment to support the termination of the carbon tax provided that a market-based mechanism that reduces carbon pollution is put in its place, along with a strong commitment to expanding renewable energy,” said Mark Butler, the Labor Party’s acting climate change spokesman.
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