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Labor urged to dump energy policies for $36b tax

Jan 28, 2026 (The Australian Financial Review - ABIX via COMTEX) --

The Superpower Institute says the federal government should introduce a carbon price on the extraction and importation of fossil fuels, as well as a 40 per cent tax on the cash flows of gas producers. The climate policy think tank estimates that the two proposed taxes would raise a combined $35.6bn annually. It also says these taxes could replace existing government measures, such as the petroleum resource rent tax, the safeguard mechanism and Capacity Investment Scheme, while helping to achieve Labor's emission reduction targets..

Publication Date: 29 January 2026

SUPERPOWER INSTITUTE
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COMTEX_472534307/2229/2026-01-28T19:52:14

By Luke Kinsella

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