There is a claim that, by the end of this century, Australian coastal communities will experience rising sea levels of up to more than 1 metre because of the anthropogenic carbon dioxide emissions causing global warming. This is the major argument supporting the Australia's Carbon Tax set to become law early next year. Under this legislation, 500 large Industrial manufacturers who emit carbon dioxide will be compelled to pay, from profitable income, for every tonne of carbon dioxide. Most of these emitters are electrical power generation and mining companies and heavy industry manufacturers. To compensate households for projected rising costs, due to the increased taxing pricing caused by this Carbon Tax, the government will cut income tax ...