Story perspectives
Australia Proposes New Taxes to Combat Emissions Crisis
2/12/2026
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Story summary
- A recent Australian report proposes two new taxes: a polluter pays levy on fossil fuels and a fair share levy on local gas producers.
- Experts, including Frank Jotzo, support the ideas but question their political viability.
- The report says stronger measures are needed to meet Australia’s 2035 emissions target because current policies are insufficient.
- Coal generation has declined in China and India as renewables rise.
- Global emissions remain high.