Carbon tax will hit Queenslanders hardest: studyPUBLISHED: 17 Apr 2012 14:43:28 | UPDATED: 18 Apr 2012 07:24:31PRINT EDITION: 17 Apr 2012
New economic models show Queenslanders, who are heavily dependent on coal to generate electricity, will wear the biggest increase in power prices due to the carbon price.
A University of Queensland study has run new supercomputer models, which find the burden of retail electricity price rises will vary considerably, depending on a household's location.
Tasmanians, with a relatively low carbon footprint, are set to gain significantly from the carbon price once tax and pension changes are factored in.
The study's estimate of an average 8.9 per cent increase for retail electricity prices in the five eastern states, due to the carbon price, is below the 10 per cent rise predicted by Treasury.