From The Guardian

Don't axe the tax: emissions trading supporters make last-ditch plea | Environment | theguardian.com: A costing by the parliamentary budget office has found budget revenues would be $18.1bn higher over the next four years if the carbon price was retained.

The effort to save the current scheme did not have a large enough public profile, if you ask me.

The fact that giving up this revenue meant the government had to cut harder elsewhere was simply not understood by enough people.

But as I have said before, any benefit of a one off reduction in energy bills is not going to be remembered for long as those bills resume their rise for other reasons.