How some polluters will make money from the carbon tax

A quirk in the way the carbon trading scheme awards free permits to trade-exposed industries will see a number of large industrial plants receive a windfall gain. Norsk Hydro will be one of the winners.

What is not commonly realised is that for a number of large industrial plants the carbon tax, rather than costing them money, will end up making them money, due to excess free carbon permits the government will provide.

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