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    coal investing

    Gillard Rejects Greens Call to Close Coal Mines

    Investing News Network
    Jun. 28, 2011 07:01AM PST
    Industrial Metals

    Mining Weekly reported that Australia’s Prime Minister does not want to shut down coal mining operations in the country.

    Mining Weekly reported that Australia’s Prime Minister does not want to shut down coal mining operations in the country.

    The market news is quoted as saying:

    The federal government plans to introduce a carbon tax by mid-2012, with an emissions trading scheme expected within the following five years. The tax was expected to raise some A$11.5-billion during the first year.

    To read the full market news, click here.

    coal investingaustraliacarbon tax
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