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The debate on climate change and the concern for CO2 emissions all began with the Kyoto Protocol in 1997. In 2009 the Rudd Government proposed the tax on CO2 emissions under a short-term emissions reduction target. This was as a revision to the Mandatory Renewable Energy Target Scheme as introduced under the Howard Government, and was seen as a prelude to the Emissions Trading Scheme (ETS) to follow the period of carbon taxation.

Australia’s dependence on coal and exportation conflicts with the concept of Australia as a low-carbon economy. Thus the taxation on CO2 emissions is to punish this dependence that forms the foundations to our living standards. Thus in 2011, the Gillard Government introduced a tax on carbon dioxide emissions for businesses. The rest is history. Do you think the taxation on carbon tax has formed by political parties taking advantage of media hype? With many alternate options for sustaining a low-carbon economy through alternate energy sources, many of which are outlined on the NSW Government site, is this method simply to provide a new means of taxation?