This is the critical decade for tackling climate change the science tells us we must ask now face even greater risks of extreme weather in Australia. Like more intense stores, more floods bush fires. Putting a price on carbon pollution is the first step.

Here’s how it works in five simple steps:

Step 1: Taking the politics out of climate change.

It’s like how we manage interest rates, we have an independent body the reserve bank that make decisions in the national interest rather than political interest. So under the new plan an independent group of experts will propose carbon reduction targets to parliament, we’ll stay in line with climate science and global action while growing our economy.

Step 2: Big Company’s Pay for polluting our air.

The new carbon price will mean 500 of Australians biggest polluters pay for the carbon emissions. To start with the price will be set at $23 per tonnes of pollution but in a few years’ time the price will be set by the market. Smart business will quickly find a way to pollute less so they pay less. Some business will try and pass the costs onto consumers but now the more cleaner there products the more completive they’ll be.

Step 3: The Money goes to help for households.

Half of the funds raised by the carbon price go’s straight to the households, in fact 9 in 10 households will receive assistance. People with lower incomes will receive a cash bonus on top of pension increases.

Step 4: Investing in clean energy.

The new plan will invest about 13 billion dollars to harness clean energy across Australia. Like abundant resources like sunshine that last forever. It’s creating good clean energy jobs. Some money also go’s to farmers to help manage their land that help cut carbon pollution.

Step 5: Helping the environment.

Fighting for the environment which will protect fragile native wildlife and ecosystems.