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Carbon Tax to be Less Than 5pc

April 4, 2011 • News

This post is originally posted on The Australian.com.au.

According to a report by Macquarie Economics Reserch, the maximum carbon cost for companies is expected to be less than 5 per cent earnings before tax, interest, depreciation and amortisation. McQuarie analyst Aimee Kaye says: “Companies in carbon-intensive sectors such as electricity generation, concrete productions, chemical refining, oil and gas will have a larger permit liability than less carbon intensive sectors such as media, gaming, telecommunications and retail.”

Click here to read the full report on The Australian.com.au

Image: xedos4 / FreeDigitalPhotos.net

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