Virgin's carbon collision course

The carbon tax has cost Virgin Australia millions of dollars but done nothing to reduce the airline’s emissions. Tony Abbott and Kevin Rudd are right to abolish it.

Tony Abbott, and to a lesser extent Kevin Rudd, both realise the total absurdity of the carbon tax. That absurdity was transparent in Virgin Australia’s profit announcement this week. Virgin explained that the carbon tax had cost the airline between $45 million and $50 million – about half its loss.


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