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Australia is about to be hit by a carbon tax whether the prime minister likes it or not, except the proceeds will go overseas

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Australia is about to be hit by a carbon tax whether the prime minister likes it or not, except the proceeds will go overseasPerutskyi Petro/Shutterstock

Ten years ago, in the lead-up to Australia’s short-lived carbon price or “carbon tax” (either description is valid), the deepest fear on the part of businesses was that they would lose out to untaxed firms overseas.

Instead of buying Australian carbon-taxed products, Australian and export customers...

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