NSW government analysis reported that such tax will increase construction costs in the state by up to 2% lift the cost of public transport fares by up to 3.6% and some commuters have to pay $150 per year in transport. (Seniorau.com.au, 18 July 2011).More significantly, carbon tax is likely to have more impact on the poor which is a struggle to use their own car and kitchen devices. Moreover, a carbon tax maybe destroys the balance of economy in the country. For instance, mining and coal industries will be heavily affected by carbon taxes which possibly result in a loss of jobs for a number of workers. Although it may be argued that many new job positions will be created by emerging renewable energy companies or industries, the fact is that technology of renewable energy is not mature enough so that oil still lead to the majority in the energy at the
NSW government analysis reported that such tax will increase construction costs in the state by up to 2% lift the cost of public transport fares by up to 3.6% and some commuters have to pay $150 per year in transport. (Seniorau.com.au, 18 July 2011).More significantly, carbon tax is likely to have more impact on the poor which is a struggle to use their own car and kitchen devices. Moreover, a carbon tax maybe destroys the balance of economy in the country. For instance, mining and coal industries will be heavily affected by carbon taxes which possibly result in a loss of jobs for a number of workers. Although it may be argued that many new job positions will be created by emerging renewable energy companies or industries, the fact is that technology of renewable energy is not mature enough so that oil still lead to the majority in the energy at the