With former US Vice-President Al Gore standing next to him, Clive Palmer has announced that the Palmer United Party senators will vote with the government in the Senate to abolish the carbon tax.
Palmer says PUP will move an amendment to require companies to pass on to consumers savings from the abolition of the carbon tax.
Palmer also announced that PUP favours an emissions trading scheme with a price set at zero, “which will only become effective once Australia’s main trading partners also take action to establish such a scheme”.
Palmer said PUP will oppose abolition of the Clean Energy Finance Corporation, the Climate Change Authority and the Renewable Energy Target. [Read more...]