Environmental group within Labor pushing for industry to pay more tax for using fossil fuels in a move that would send household bills soaring
A faction within Australia's Labor Party linked to environmental concerns is reportedly pushing for fossil fuel industries to pay higher taxes, in a move that critics warn could push household energy bills up significantly. The push appears to relate to changes to fuel tax credits, a scheme that currently reduces the tax fossil fuel-reliant industries…
- Labor environmental group reportedly wants fossil fuel industries taxed more
- Move linked to fuel tax credit reform in Australia
- Critics warn it could raise household energy bills