Australia last week became "the world's first developed nation to repeal carbon laws that put a price on greenhouse-gas emissions." The country's carbon tax, which has been a passionate political topic there for more almost a decade, was finally instituted in 2012. But after a new conservative prime minister, Tony Abbott, was elected in September 2013, the carbon tax was aggressively targeted and then successfully repealed by Australia's Senate on July 17.

 

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