Local governments’ bid for for carbo compo was refused by Federal planners. The South East Queensland Council of Mayors, the Western Sydney Regional Organisation of Councils, the Local Government Association of Tasmania, the Shoalhaven City Council and the Australia Institute argued that local government should be treated as a strongly affected industry, or otherwise provided with compensation to adapt to the scheme.

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No carbon compo for airlines: carbon price of $25/tonne is 2 per cent; similar to inflation

Australia's Low Pollution Future White Paper told Skywest Airlines, the Regional Aviation Association, Virgin Blue and Qantas, they had to pay the carbon Virgin Blue estimated emissions intensity of aviation to be around 800 tonnes of CO2-e per million dollars of revenue (Submission 461, p. 2). At a carbon price of $25 per tonne of CO2-e, this represented approximately a 2 per cent increase in the cost of air travel, which is broadly similar to the general level of inflation in the consumer price index in any given year.

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NEM Notice - UPDATE - Negative settlement residues for the Queensland Region on 30 December 2008. (30/12/2008)

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