Linking people & redesigning systems
for a healthy future
Linking people & redesigning systems
for a healthy future
Australia's oil imports have collapsed under the weight of higher prices and changes in consumer behaviour.
Trade figures released yesterday show just 1.6 billion litres were imported in May, well down on the long-term average of 2 billion litres per month.
May volumes were down 28 per cent on those imported a year earlier.
The change gives heart to those who have claimed the higher prices that will flow from Australia's planned emissions trading scheme will cut greenhouse gas emissions.
The claim has been contested by the Coalition, whose environment spokesman Greg Hunt has asked how ''whacking a great new 20c tax'' on petrol would cut emissions...
For more visit:
http://laurieton.yourguide.com.au/news/local/news/general/oil-prices-tak...