On Thursday the Gillard government announced that it would tackle the ETS debate and try to pass legistlation where former Prime Minister Kevin Rudd failed. The goal is to begin withy a fixed price on carbon for a period for three to five years, starting in July 2012, transitioning to an emissions trading scheme later on.
 
Opposition leader Tony Abbott has already said he'll oppose the scheme, calling on the Australian people to revolt in opposition.
 
Panorama reporters Rob Baird, Joseph Dunstan and Matt Dawson took a look at the proposed legistlation.

Audio: 

You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.

CARBON TAX announcement podcast.mp3