UNSW launches smart carbon tax that pays dividends for everyone

UNSW has launched The Australian Climate Dividend Plan, a reliable plan to stimulate industry action to limit climate change and pay dividends into the pockets of all Australians.

The new Member for Wentworth, Kerryn Phelps, helped present the climate policy, which taxes carbon dioxide emissions and compensates all Australian households.

It is possible to both tax carbon emissions and enrich households. A report released by UNSW Sydney outlines how.