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.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles