The Australian government’s carbon dioxide tax announced Sunday will cost Qantas up to A$115 million ($124 million) a year and passengers will foot the bill; the airline said Monday it will raise fares by up to A$8. 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 ...

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