Three airlines are in the hot seat in Australia, after failing to pass claimed savings on to their customers in the wake of a repealed carbon tax.
Back in July of this year, Australia axed its $23-per-metric-ton carbon tax. ($20.39 per metric ton in U.S. dollars.) The repeal included provisions that require companies to pass on the savings in reduced costs to their customers, and give the Australian Competition and Consumer Commission (ACCC) new powers to ensure they do so. [Read more]
– http://wp.me/p4sUqu-SK – Michael’s Blog