Energy production is vital to the Australian economy, but the carbon tax policy introduced in July 2012 triggered substantial fear in the energy sectors.

In the absence of a global agreement to reduce emissions, Australia has adopted a carbon taxunilaterally to curb its own emissions.

This is a keynote address given to the CRC for Low Carbon Living Participants Annual Forum in 2014 by the Hon Greg Hunt MP, Minister for the Environment.

Prime Minister Tony Abbott claims emissions trading schemes are being discarded around the world, not adopted.

Prime Minister Tony Abbott claims every Australian household will benefit by $550 a year if the carbon tax is axed.