The Australian government’s carbon dioxide tax announced on Sunday July 10th will cost Qantas up to A$115 million ($124 million) a year and passengers will foot the bill put at up to $A8 a sector. Australian domestic airlines will be exposed to the full starting CO2 price of A$23 per tonne through an increase in aviation fuel excise from July 2012 and will not have access to transitional assistance or compensation arrangements. International aviation fuel will be excluded from the ...

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