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The carbon tax started on July 1, 2012. Apart from claims that it really isn't affecting us, many of us will notice our energy prices increasing for a start.
And that affects almost everything! 
Many groups of people will not receive 'compensation' for the additional costs.
Already some people are noting that the 'price' of carbon is too high - especially since the European market for carbon has collapsed - and that we are the only nation doing this!
Will it reduce carbon dioxide emissions? Will it decrease global temperatures?
Two good articles on the impact of the 'carbon tax'...
I've included the first few paragraphs of each.. click each heading to read more...
Pointless Carbon Tax
by Cliff Ollier, Quadrant, July 10, 2012
"Currently the world is in the grip of one those phenomena known as the Madness of Crowds."
"Global warming and climate change have become dominant features in the way we run our lives, and in the bizarre actions of governments.
People are still threatening us with the old line that Global Warming will have devastating effects. On May 3rd 2012 the US Defense Secretary said: 'Climate change has a dramatic effect on national security. Rising sea levels, severe droughts, the melting of the polar caps, the more frequent and devastating natural disasters all raise demand for humanitarian assistance and disaster relief.' More recently CSIRO repeated its claims of dangerous rise of sea levels.
Is there any truth at all in this?
The Climate Alarm is based on the assertions that
1. The world is getting warmer and
2. The global warming is caused by human-produced CO2 (AGW).
All the rest - rising sea level, melting ice sheets, drowning polar bears, etc. - are additional alarms based on the assumption of global warming.
Warming has ceased! . . . . .
It's too soon to pass judgment on the impact of the carbon tax
by: Terry McCrann - From: Herald Sun - July 11, 2012
"Julia Gillard has said the new carbon tax aims to cut our emissions by 5 per cent by 2020."
ONE thing should be bleedingly obvious about Julia Gillard and Bob Brown's - and, I guess we have to add, Christine Milne's - carbon tax.
One week in, is far too early to claim proof of its impact.
Indeed, one year in, would still be far too early. Apart that is, from one very specific impact: its then evident impact on voters.
Indeed, Kevin Rudd aside, that will be precisely the point in time at which to make that judgment.
In terms though, of the tax's substantive impact, five years out would probably be around the appropriate time frame to judge how it is operating and what it has done.
The prime minister, her treasurer, and her singing minister - no, the other one, not the formerly singing one - have been desperately trying to rush everyone to accept immediate judgment.
That no, the sky didn't fall in last Sunday week, that as the PM wrote in the Herald Sun Editorial pages last week, groceries hadn't suddenly become 20 per cent more expensive, a roast didn't now cost $100. Nor of course does this paper now cost $4. Nor is the price of petrol suddenly $3 a litre. Nor have electricity bills gone up 10 or 20 per cent, nor ... oh wait, whoops, those bills have done exactly that!.
This is to make two points. The carbon tax has had a direct, immediate and significant impact on electricity bills.
That will filter into costs and prices - over time, and not all or even very much in the first week.
Secondly, to engage in absurd straw-men exaggerations about non-existent $100 roasts is both silly and dishonest.
It reinforces the point that just about anything that Gillard says about the carbon tax is either an outright lie or a constructive lie. Or a clever lawyer's way of skewing the focus away from the important - negative - issues. . . . ."
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