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AAP
AAP
Business
Poppy Johnston

Fossil fuel carbon levy would fund climate 'solutions'

The think tank Superpower Institute wants a carbon pricing policy back on the political agenda. (Lukas Coch/AAP PHOTOS)

Imposing a levy on fossil fuel companies as proposed by a green industry think tank would be a boon for employment, help lower living costs and underpin another round of prosperity to rival the mining boom. 

That's the promise of leading economist Ross Garnaut and former consumer watchdog chair Rod Sims made in a national address on Wednesday as founder and chair of The Superpower Institute.

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