Is Australia's carbon tax price too high?

2 Jul 2012, 7:53 pm   -   Source: Rena Sarumpaet, SBS

Australia has now the world's highest carbon price -- some say too high. Rena Sarumpaet looks at how Australia compares with other countries. 

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Australia now has the world's highest carbon price -- some say too high.

But it could drop significantly, once Australia joins the global emissions trading scheme, and that could expose the Federal budget to a $3.5 billion black hole.

SBS' Rena Sarumpaet explains and looks at how Australia compares with other countries.

Carbon Tax

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