Right now, a major climate fight is blowing up in Australia — the government is about to pass a law that would cut carbon emissions and get polluters to pay. But big businesses are trying to kill the bill.
This carbon pricing law is a win-win measure — it will push dirty businesses towards clean production and generate more resources for working families. If it passes, it will spur other major emitters to follow suit and could be the next best hope for our climate.
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The measure would make polluting companies pay, encouraging them to become more efficient while funding technologies of the future and increasing support to the most needy.
Countries like Denmark, Sweden and Costa Rica have already introduced carbon-pricing, spurring innovation and reducing pollution. If we now embolden Australia — the worst rich country per person carbon polluter — to follow their lead, it will generate momentum for other major emitters such as China and the US to follow suit, boosting our chances of a global climate deal next year.