Greenpeace Submission

FULL SUBMISSION AVAILABLE HERE:
http://www.stop-fueling-climate-change.org/docs/GPE388.1_FebReport_V5.pd...

SIGN GREENPEACE'S PETITION:
Sign Greenpeace's Petition:
http://www.stop-fueling-climate-change.org/?scr=em_O1

SUBMISSION SNIP:

"...To subsidise coal is to subsidise
climate change.

Coal is the most carbon intensive
of fossil fuels and its use is a
major contributor to greenhouse
gas emissions both in Australia
and overseas.

Yet the coal industry was given a total
of $308 million in rebates for fuel excise in
2005/6,4 an amount greater than
all federal funding for renewables.
Over the life of the Coalition
Government, these grants
contributed $1.9 billion to the coal
industry(5) at a time when their
profits grew hugely; rising from a
$5 billion pre-tax profit in 2004/5
to $10 billion in 2005/06.6

The coal industry can afford to
have this subsidy removed; the
climate cannot afford to have it
continue...."

Sign Greenpeace's Petition:
http://www.stop-fueling-climate-change.org/?scr=em_O1

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