Carbon tax was introduced by the former Federal Government 1 July 2012 as part of its carbon policy. It was later abolished due to the carbon repeal bills passed by the Senate on 17 July 2014 and effectively removed the price on carbon. The carbon tax were a cost that business with high carbon emission were require to pay for the production. As a consequence, the increase in carbon price led to increase in production prices to accommodate these costs.
The video put together by Earth Media tells a story using two chicken to explain carbon pricing. Comparing a chicken grown on fossil fuel against a chicken grown on solar-power, it explains why we "can expect low-carbon renewable energy sources to become more cost effective when we make emitting carbon more expensive"
After watching this video, I completely agree with their point of view. We should deploy carbon tax to discourage the use of fossil fuel and reduce carbon footprint. On the other hand, we should encourage the use of renewable and sustainable energy source. It is unreasonable for environmental conscious consumers to spend extra in order to support these practices. It is ashamed that the carbon tax bill has been repealed. We were on the track of supporting 'greener' practice.
Reference
https://youtu.be/zD64kaTY5Vg
https://www.energyaustralia.com.au/faqs/about-us/carbon-repeal
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