Abolition of the carbon tax in Australia.

The Australian Government has abolished carbon tax, with effect from July 1, 2014.
The Australian Government has abolished carbon tax, with effect from July 1, 2014.

The tax, introduced in July 2012, was thought to have led particularly to dramatic increases in refrigerant prices.

Taxes were applied according to a refrigerant’s global warming potential: some of the higher GWP HFCs had seen huge price increases.