Ever wanted to have a better idea of what the effect of carbon fee and dividend would be on your household bills and how this would change over the years as the carbon-price goes up but emissions go down? Well we’ve just added a Carbon Income Calculator to our new-look website so that you can answer those questions. You can find it under the Climate Income tab at the top of our pages.
This calculator can only give approximate incomes and costs because the precise effects depend upon exactly how emissions are going to respond to carbon pricing and it will also depend upon what, exactly, you spend your money on. If you already buy low-carbon goods and services then you should find that carbon-pricing increases your costs by less than this calculator shows. That, of course, is the point! Carbon pricing will encourage everyone to choose lower impact purchases.