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Andrew, I think you've missed the point in the article. Australia's starting point is way above everyone else and is fixed for 3 years while other prices are dropping. This immediately puts Australia at a significant disadvantage when compared on the world stage. This at a time when price pressure is already shifting business investmant offshore is going to exacerbate the issue. Yes, some industries will be compensated politically motivated) - another flaw in the system design because it sends incorrect price signals but that's another argument. The bottom line is that the Carbon Tax is much too high, fundamentally flawed in design and will be very bad for Australia (and it won't make one bit of difference to Climate Change). The upside is that the population will get to judge it at the ballot box next year!