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Large carbon producing industries pay the carbon tax, which like any business expense becomes part of the cost of their product.

The tax is designed to encourage them to become greener, cleaner and more sustainable.

Considering the size and revenues of the industries, and the basis they calculate the tax on, the resulting effect to the cost of their product is so small as to be insignificant.

In some countries, Australia for instance, the tax collected is used to compensate consumers for any (strictly monitored) price rises.

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12y ago

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