While the United Nations Climate Change Conference is currently underway in Paris, Tesla CEO Elon Musk has called for the immediate implementation of carbon tax globally as he believes it is the only way to accelerate the shift away from fossil fuels.

Ever since the Australian Government dropped the carbon tax policy – also known as carbon pricing – and switched to emissions trading, Environment Minister Greg Hunt won’t acknowledge that economists were right about the efficiency of the older policy.

The dramatic drop in greenhouse gas emissions was partially due to the implementation of the carbon tax, says the Greens and other environmental conservation groups. The statement strongly reflects the effectiveness that the carbon pricing system had, prior to being scrapped by the Abbott government in 2014.

The Australian carbon tax scrapped: the carbon tax was repealed in Canberra this morning after Prime Minister Tony Abbott and the Coalition government managed to procure enough votes to push the repeal through the Senate.

The Australian carbon tax will likely be repealed today after Clive Palmer came to an arrangement with the Coalition and made further amendments to the bill.

Clive Palmer MP of the Palmer United Party has announced that his party will vote for the abolishment of the carbon tax following a meeting Palmer had with Prime Minister Tony Abbott last week.

Prime Minister-elect Tony Abbot has instructed his departmental secretary to scrap the infamous carbon tax. Department of Prime Minister and Cabinet Secretary, Dr Ian Watt was instructed to prepare for the Coalition’s plans to implement its agenda swiftly to appease public expectation.

Prime Minister-elect Tony Abbot has instructed his departmental secretary to scrap the infamous carbon tax. Department of Prime Minister and Cabinet Secretary, Dr Ian Watt was instructed to prepare for the Coalition’s plans to implement its agenda swiftly to appease public expectation.

AGL Energy says the carbon tax is not completely to blame for higher electricity prices and has called for the deregulation of consumer pricing. The energy provider said the carbon tax does contribute to increasing electricity prices but the main villain is the lack of state government spending on infrastructure and changing consumption patterns.

Some of the nation’s most powerful business peak bodies have been taken on by the consumer watchdog over their claims that the carbon tax would cause power prices to rise by up to 20 per cent over the next year.

In less than a week, households and businesses will face the biggest tax shake-up in more than a decade, as the carbon price and major changes to tax rates and family payments take effect.

Electricity generators have warned they are facing a cash-flow crunch of hundreds of millions of dollars in order to buy carbon tax permits as the latest greenhouse gas emissions figures suggest that power companies will be responsible for over half of the $7.

by Australian Solar Quotes Moving into 2012, the Australian Carbon Tax can no longer be avoided by Australian industry. It may seem unfair to a lot of Australian but the carbon tax is now impossible to ignore.