So here’s my take on the carbon tax (for non-Australian readers go to any Australian news website, and you’ll get a fifth of the amount of hysteria present on the local media):
You know those carbon offsets you are offered to pay for whenever you buy an airline ticket?
Well now, the Australian government is pretty much telling the airlines and other major polluters to basically buy carbon offsets whether they want to or not.
Single people making six figures a year will have to shoulder a low three figure hit. (Go to clean energy.gov.au and see if you’d get assistance or take a hit)
It’s nothing too radical, just not explained too well.
But yes, it’s just the carbon offsets system with teeth.
And if you don’t understand carbon offsets, then you really shouldn’t be handling money.