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Australia Faces Rising Energy Costs Due to Emissions Plan


As , prices of electric and gas will rise drastically in the country. The Australian government is expected to have a $1.6 billion federal payout to families in order to help offset the rising energy costs.

A has been issued by the states that families may see a rise in ten or more dollars per week for energy costs. The report estimates yearly payments of $185 would offset the rising costs for most families.

that the payment plan should be affordable; especially since the carbon trading system is expected to bring in . Those hardest hit by the rising costs will be the elderly, poor and working families of Australia. The Australian government had issued the action on carbon emission reduction in a combined effort with Indonesia.

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