Carbon tax in Australia is a big issue as due to increasing in the prices consumer are unable to use renewable resources and also it is increasing the burden on household due to increasing in the product price. But the other part of this carbon tax is to minimize the carbon emission and prevent the global warming. (Robert Carling, 2007)
Not only in Australia but the whole world is having concern about carbon emissions so it seems the right decision to impose the tax on big carbon embitters. It should be noted that the use of renewable energy is also helpful to reducing the carbon emissions so renewable energy investor should be promoted. This analysis illustrates about the carbon tax in Australia.