How will the carbon tax affect me?

Household Compensation Calculator

You may utilise the calculator below to figure out what compensation you are entitled to under the new carbon tax. It is provided by the government website Clean Energy Future.  Continue Reading…

Household Impact & Compensation

The carbon pricing scheme will impose costs on big polluters, which will result in higher end prices for certain products. Treasury estimates that an average family will pay $9.90 more per week in the first year of the scheme’s introduction.  Continue Reading…

Industry assistance

A price on carbon will introduce costs to approximately 500 businesses which are comprised of Australia’s heaviest polluters. Some of these companies are termed “trade-exposed”, which means that they compete with offshore companies who may not be subject to the a similar carbon pricing scheme. There are six streams of industry assistance in the carbon price package.
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Is the carbon tax inflationary?

One of the major criticisms levelled at the government’s plans to put a price on carbon is that it is inflationary – that it will raise prices by a large amount. Treasury modelling shows that the cost to an average household will be approximately $9.90 per week.  Continue Reading…

What is the cost of not acting?

Aside from a swathe of overwhelmingly negative effects to our way of life and the environment if we do not make a global effort to fight climate change, there are significant risks to the Australian economy if we do not take steps towards pricing carbon. John Birmingham of the Sydney Morning Herald published an illuminating article detailing how we will end up paying whether or not a price on carbon is introduced. The difference is to who that money will go – to Australian taxpayers in the form of compensation, or to overseas jurisdictions in the form of penalty payments.  Continue Reading…

What are the benefits?