Australia has been blessed with an abundance of brown and black coal which has provided households and manufacturers with cheap electricity for decades. We have plenty of that same coal left, but electricity generated from coal-fired power stations, or anything made using it, is about to become a whole lot more expensive.
The carbon tax is being billed as a tax on dirty, polluting industries. It’s not. It’s a tax on an essential service that will be passed directly through to consumers while industry is compensated.