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Senate rejects the carbon tax repeal bills

on Thursday, 20 March 2014.

The Carbon Tax, or The Carbon Pricing Mechanism as it is more correctly called, was a key issue during the federal election, and one of the priorities of the new government now they are in power is removing it. The Government wanted to repeal the Clean Energy Act 2011 by the 1st of July 2014 , although this requires the support of the Senate to do so, and today the Senate rejected it at its first reading. The Government will re-table the bills after the new senate sits on July 1st 2014 and it is more likely to garner the support it needs - see http://www.environment.gov.au/climate-change/repealing-carbon-tax In the meantime, companies will still need to report on their energy use and greenhouse gas emissions via NGER for the financial year 2013/14, and as the law currently stands, will need to settle any carbon tax liabilities arising. CCR offers a full suite of NGER reporting services, from advice and audit of internal reports, to embedding our staff to work with your information and systems to collect the data required.