Australia’s most costly anti-climate policy hits taxpayers for $30m a day as calls mount to wind back fuel tax credits | Adam Morton

The government will hand over $10.8bn this financial year under the scheme that makes it cheaper for miners and other industries to use diesel and petrol

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It's the most costly anti-climate policy in the Australian government budget, working against efforts to cut emissions. This financial year, taxpayers will hand over nearly $10.8bn to make it cheaper for miners, farmers and some other industries to use diesel and petrol.

How much? Nearly $30m a day, every day of the year. Or $20,500 a minute, around the clock.

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