The Clean Energy Act 2011 was introduced by the Gillard Labor Government in February 2011 and commenced in July 2012. The Act established a fixed carbon price on greenhouse gas emissions in Australia, which became known as the ‘carbon tax’.
Carbon Tax
Inactive: Repealed
Although the carbon tax achieved a reduction in Australia’s emissions, it faced significant challenges from industry and the Opposition, which claimed that it led to increased energy prices for both households and industry. Supporters of the tax argue that it increased GDP and employment in Australia, and had protections in place to support emissions-intensive industries. Tony Abbott’s “axe the tax” pledge formed one of the cornerstones of his successful election campaign in 2013. The Clean Energy Act 2011 was repealed by the Abbott Government in July 2014.
The table below lists the entities tracked by InfluenceMap which have publicly engaged with the policy. InfluenceMap tracks around 300 companies and 150 industry associations globally. Each entity links back to the entities’ full InfluenceMap profile, where the evidence of its engagement can be found.
Influencemap Performance Band | Organization | Engagement Intensity | ||
---|---|---|---|---|
D | Toyota Motor | 32 | Automobiles | Asia |
D+ | BHP | 37 | Metals & Mining | Oceania |
D | Rio Tinto Group | 35 | Metals & Mining | Europe |
D- | ConocoPhillips | 31 | Energy | North America |
D- | Glencore International | 24 | Metals & Mining | Europe |