Tax and Carbon Price

carbon price: Now that it has gone, the following snapshot outlines how well the economy has continued to perform while the carbon price was in place, according to The Guardian. It was also forecast that the introduction of the tax would "wipe out jobs big-time" while towns like Whyalla would be "wiped off the map" and "ghost towns would be created as a direct result of the tax and Australia had a price on carbon for two years. Its impact on energy consumption and production was as expected, with energy usage falling in absolute and per capita terms and energy production shifting substantially towards clean, renewable sources. It has been noted many times before that as the carbon price was being introduced, then opposition leader Tony Abbott suggested this toxic tax would "act as a wrecking ball across the economy and that the economic consequences would be "absolutely catastrophic". (news.financializer.com). As reported in the news.