Carbon taxation Mitigation of global warming in Australia

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another method of mitigation of global warming considered australian government carbon tax. method involve imposing additional tax on use of fossil fuels generate energy. compared cprs , cts/ets, carbon tax set cost carbon emissions, while cap left unattended, allowing free market movements.


this tax aimed reduce use of fossil fuels energy generation, , increase efficient energy use , increase demand alternative energies.


a carbon tax introduced government of julia gillard on 1 july 2012. requires businesses emitting on 25,000 tonnes of carbon dioxide equivalent emissions annually purchase emissions permits, cost a$23 1 tonne of co2 equivalent. tax repealed australian senate on 17 july 2014.








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