Australian Climate Dividend

The Australian Climate Dividend Planinvolves a tax of A$50 per metric ton of CO2 emissions on electricity, direct combustion, transport, fugitive emissions, and industrial processes. The revenue generated would then be returned, evenly, to every voting-age Australian citizen. This would represent a tax-free payment of approximately $1,300 per person per annum.

Prices on petrol, oil and gas would go up, but the average Australian household is estimated to be $585 per annum better off even so. 

The lowest income-quintile households would be $1,305 per annum better off.

Read the report and see if you agree that this sounds like such a no-brainer. With the purpose of making ideas like this one into law, now is the time to get into politics

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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