Julia Gillard’s Carbon Tax to spawn low investor’s confidence and also cut on jobs - International Business Times

The Minerals Council of Australia and the Energy Supply Association of Australia have both warned Australian Prime Minister Julia Gillard saying that the carbon tax could possibly cut more than 23,500 jobs this decade and could cost consumers more than an emissions trading scheme and fails to give investors the confidence to commit.

Seven chairman hits out at carbon tax: report | News | Business Spectator

"Personally I think it's (the carbon tax) a great way for redistributing wealth for the country," Mr Stokes said in the report.

"But for actually curbing carbon use - it's not going change power generation (or the use of) coal, which we'll be using in this country for at least 25 years."