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SCIENCE QUESTION #4 FOR AUSTRALIAN PRIME MINISTER JULIA GILLARD

"Where does the money from Carbon Tax go exactly? How does it help the environment?"

Julia Gillard: "The [money] from carbon pricing goes first to Australians. More than 50 per cent of it pays for the tax cut, pension increases and increased family payments. That money means that 6 million Australian households will either come out square or in front as a result of us pricing carbon. Money also goes to helping businesses transform so they are cleaner. A billion dollars goes to biodiversity and we have created a $10 billion new fund to drive investments in new cleaner technology."

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