Clive Palmer has announced that his party will vote in the Senate to abolish the carbon tax but will demand legislative changes in a bid to lock in falling power prices. The Fairfax MP and leader of the Palmer United Party is also planning to propose an emissions trading scheme to tackle climate change - similar to the one proposed by the Labor Party. Axing the carbon tax was the major campaign platform and election promise for Prime Minister Tony Abbott during last years election. Mr Palmer, whose party will hold three balance of power seats in the Senate from next Tuesday, was flanked by climate change campaigner and former US vice-president Al Gore when he made the announcement. A PUP source told the ABC the party is confident his ETS proposal will be passed by the Senate, which would require support from the Labor Party. But it will also have to pass the House of Representatives - where the Coalition has the majority - to become law. Mr Palmer is set to also reveal that his party will demand the Renewable Energy Target and the Clean Energy Finance Corporation are also retained. As the largest voting bloc on the new micro-party cross bench, PUP will hold the balance of power when the Senate changes over next Tuesday. abc.net.au/news/2014-06-25/clive-palmer-to-announce-carbon-tax-stance-flanked-by-al-gore/5549938
Posted on: Wed, 25 Jun 2014 07:47:36 +0000
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