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Australian carbon tax meets obstacle from local steel producers

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According to Australian report, steel producers in Australia greatly opposed the carbon tax, which was planned to be imposed by Julia Gillard, the Australian prime minister.

Blue Scope Steel has warned it could trigger the layoff around 15,000 employees and extensive shutdown in the steel industry.

The company indicated the carbon tax about AUD300 million~AUD400 million will be the burden to force it to close its steel mill in Port Kembla, New South Wales. Also, Blue Scope said the carbon tax should apply to power plant more appropriately.

On the other hand, Australian government is going to levy the fixed amount on carbon tax since next July 1st and then to implement the emission trading scheme in 3 or 5 years later, Julia Gillard said.
News Date 16 Mar 2011 09:22:45 reported by Vince

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