Australian carbon tax could kill industry
Carbon cost emerges as an industry killer (http://www.wabusinessnews.com.au/article/Carbon-cost-emerges-as-an-industry-killer) (Australia)
www.wabusinessnews.com.au – April 3, 2012
“What Australia’s fixed $23/t starting price for carbon means is that our carbon tax, or buying permits in the emissions trading scheme which the Australian Government prefers to call its new tax, will be at three-times the going rate in Europe.”
Also mentions the natural gas glut in America from unconventional sources. There is not enough storage, so prices have plummeted, and suppliers may even have to give it away.