Posted June 03, 2019 08:03:11 The Australian government has released a full apology for an election promise to cut the carbon price by 25 per cent by 2030, despite the fact the Coalition did not commit to it in the election.
The Coalition announced it would cut the price by a further 20 per cent after the election, but a spokesperson for Prime Minister Scott Morrison said on Wednesday that the price would remain unchanged.
The spokesperson said the price will remain unchanged because it has been calculated to reflect the reality of what is needed.
“Our climate plan is based on a balanced approach, and we have already delivered a climate plan that meets the needs of all Australians,” the spokesperson said.
“This will be reflected in our policy and actions, and the decision will be made on a case-by-case basis, based on the economic reality of the situation.”
The spokesperson also said the decision would not affect the price of renewable energy.
Mr Morrison also confirmed the decision to cancel the climate change policy would not impact the future of the carbon tax, which was initially set to go ahead.
“The policy remains in place, with the exception of the Climate Change Authority,” the minister said.
He said the carbon pricing would be changed in line with the changes in the global economy.
“In light of these economic circumstances, the Climate Policy Act, the National Climate Change Strategy, and our emissions reduction target, we will not change the price structure for the carbon emission reductions target,” Mr Morrison said.
Mr Turnbull’s position on the carbon prices was unclear at a press conference on Wednesday afternoon, with a spokesperson saying the Prime Minister was still in consultation with the industry on the matter.
The statement was made after the Prime Ministers press conference and the spokesperson did not respond to a question on the future price.
“There’s no change to the carbon reduction target and there’s no price change, but the plan still has its support, Mr Turnbull said.
The carbon price has been the subject of debate and debate on the campaign trail, with Mr Turnbull saying the Coalition would be “committed” to a carbon price of $50 per tonne by 2030.
The plan has been challenged by some of the largest polluters in the country, including Shell, which said the government was making it harder for them to operate.
The price of carbon has been set at $40 per ton in January 2018, but that is set to increase to $70 per ton by 2025. “
We are making the carbon policy, we’re making the cost structure for those changes, so there’s very little question in my mind it will be the case that it will work,” Mr Turnbull told ABC radio on Tuesday.
The price of carbon has been set at $40 per ton in January 2018, but that is set to increase to $70 per ton by 2025.
It will remain at that price until 2030, with an option to increase the price to $90 per ton.
The Prime Minister said he would be making an announcement on the climate policy later this month.
The announcement will come as the Abbott Government continues to face criticism for not taking the climate issue seriously enough during the campaign.
The Government’s climate policy was criticised for failing to take into account the impacts of climate change and the lack of certainty that would come from a carbon pricing scheme.
Mr Abbott said the new carbon pricing plan would be a “very substantial and substantial” investment in climate action.
“And I think it will deliver substantial economic benefit for Australia and its businesses and consumers,” he said.
A spokesperson for the Prime Minster said the Prime minister would make an announcement about the carbon market on Thursday.