Tuesday, July 26, 2011

Carbon Trading Scheme: Costs of Climate Tax 'Could Drive Farmers From the Land'

Carbon tax costs could push farmers off the land and raise the price of agricultural productivity, a Senate committee has been told.

Sitting in Brisbane, the Senate select committee on the scrutiny of new taxes heard that the Queensland government would forgo $1 billion in royalties in the coming decade because of the tax.

Carbon Trading Scheme: Costs of Climate Tax 'Could Drive Farmers From the Land'

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