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Carbon taxes 'could help struggling families' - 28/02/2012

People who are struggling to get cheap electricity and gas may be able to benefit from the implementation of new carbon taxes, as revenue from these could be used to tackle fuel poverty.

This is according to new research from Camco carried out for the Energy Bill Revolution campaign, which warned up to 9.1 million homes may be in this situation by 2016.

However, it noted if revenue made from initiatives such as the Emissions Trading Scheme and the Carbon Floor Price are reinvested in efficiency measures for households, it could help 90 per cent of homes out of fuel poverty within 15 years.

Chief executive of Consumer Focus Mike O'Connor said: "We want to transform the cost of energy for households, the economy and the environment.

Recycling carbon taxes should be a big part of that transformation."

It comes shortly after campaigners called on the coalition to add additional levies to energy suppliers to force them to share more of their profits.

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