Is Australia's carbon tax price too high?

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

Almost 300 businesses back carbon price — Almost 300 businesses have signed a joint statement backing a price on carbon.

1 min read

Published 2 July 2012 7:53pm

Updated 29 August 2013 12:26pm

By Rena Sarumpaet

Source: SBS

Skip to article content

Share this with family and friends

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.

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.