Kippa, here's some info on it."AUSTRALIA faces a $30 billion hit to growth by 2018 if domestic carbon prices remain higher than the European price, according to new economic modelling that will add to business pressure to bring the $23 starting price closer to Europe's $10."
http://www.australianclimatemadness.com/2012/03/carbon-tax-cost-to-aussie-economy-30-billion-by-2018/
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