Legislation establishing the carbon tax will enshrine Australia’s international commitments to limit global warming to 2C and give the new Climate Change Authority discretion to set an overall limit by 2050 on greenhouse gas emissions.
Read the full story on The Australian: http://www.theaustralian.com.au/national-affairs/carbon-tax-law-to-embed-australias-global-pledge/story-fn59niix-1226134299004
