Loading
14-Oct-2010 11:12 AM

Carbon tax would have significant financial impact: Qantas

Qantas CEO Alan Joyce stated introduction of a carbon tax by the Australian Government would have a significant financial impact on Qantas and distort competition for Australian businesses (Australian Financial Review, 14-Oct-2010). Mr Joyce believes Australia should proceed at the same pace as other countries. The Australian Government is considering a carbon tax as an alternative to an emissions trading scheme.

Qantas: “We are one of the biggest users of fuel and where I think the carbon tax is going to be important to us is [to make sure] that Australia doesn’t go on its own and applies a tax that distorts competition and ends up with the wrong outcomes for both the environment and business.” Alan Joyce, CEO. Source: Australian Financial Review, 14-Oct-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More