China Watch Blog

China Watch Blog believes the carbon tax trend will soon be coming to Hong Kong, China and the region soon, and this tax will become a reality in Australia on Sunday.

While only the top carbon-emitting companies and organisations are affected by the $23 price tag on each tonne of carbon emitted, the cost will filter down to all of the Aussies through their electricity bills.

Apparently, the electricity prices are set to increase due to increased infrastructure costs. Householders around Australia are bracing themselves for a double hit to the hip pocket.

According to ABCnet.com, the treasury estimates for the average Australian household electricity will rise by $3.30 per week, gas by $1.50, and food by 80 cents under the carbon price.

To help those least able to cope with the energy price increases from the carbon tax, the government will provide a compensation and assistance package. This means clever Australians who find a way to cut their energy bills can pocket the compensation.

Go to the following link to learn 30 easy ways to cut your energy bills and keep your compo cash for more enjoyable activities.

http://www.abc.net.au/environment/articles/2012/06/26/3532627.htm

Remember that every product you see in the shops needed energy, water and material resources to produced and therefore it has a carbon cost. We can cut our eco-footprints, save money and avoid some of the carbon tax by simply buying and wasting less stuff.

For those whose countries or territories where carbon tax is not yet implemented, it would be wise to look up the 30 ways and prepare on what to do in the future when you are hit by this trend, which sooner or later will be on you.