The owner of one of Australia’s dirtiest coal-fired power plants quietly moved $1bn offshore within days of pocketing $117m from taxpayers in compensation for Labor’s now-defunct carbon tax. Revelation prompts renewed criticism of the “chronic failure” of Australian climate policy. • r/worldnews

The owner of one of Australia’s dirtiest coal-fired power plants quietly moved $1bn offshore within days of pocketing $117m from taxpayers in compensation for Labor’s now-defunct carbon tax. Revelation prompts renewed criticism of the “chronic failure” of Australian climate policy. via Pocket http://ift.tt/2zHMOKD