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If businesses can lower their pollution, the price they pay will be less. This is how the carbon price drives innovation and energy efficiency.

All revenue from the carbon price will be used by the Government to:

  • assist households with price impacts they face by cutting taxes and increasing payments
  • support jobs and competitiveness
  • build our new clean energy future.

A new Climate Change Authority

The Government will create an independent body, the Climate Change Authority, which will track Australia’s pollution levels and provide independent advice to the Government on the performance of the carbon price and other initiatives.