Letter to the editor Essay Example | Topics and Well Written Essays - 500 words - 3

Letter to the editor - Essay ExampleIn essence, the evaluate obligate energy raise in energy prices and also addresss job. Many assembly linees have to strain their resources and deepen business operation techniques to compete well in the marketplace. In essence, exaggerated carbon taxes have been attributed the rapid lose of competitiveness of Australian returns in the global market. This is especially due to an increase in the product prices to be able to cover the production costs emanating from the introduction of the high carbon tax.On initiation of the carbon tax, Australian carbon prices tripled those of the European countries. The European Emission Trading Schemes generates $23 million as compared to $77.3 million per week in Australia. As such, Australian exports are higher in prices. These high taxes increases the cost of production and the weight laid on consumers who in turn consume fewer products. The ACCC (Australian Competition and Consumer Commission) uncoveri ng it tricky to monitor prices or take action against organizations that try to exploit consumers or other business by charging unjustly high prices.Notably, businesses and households use price signal as an explanation for lowered inlet of particular products. According to statistics, consumers are likely to turn to using up cheaper imports. This has built uncertainty for investiture hence, companies prone to emission of carbon will be afraid to invest further considering the high tax payment. This also r reverseers high competition from other energy plants. As a result, some industries will end up withdrawing from business hence, an economic downturn.From above perspective, the controversial carbon policy is both beneficial and detrimental. In line with the set standards on climate change in the Kyoto Protocol, Australia must be committed to clip down the emission of greenhouse gases. However,