Even businesses supportive of the carbon tax in principle are beginning to tremble at the prospect. At the government’s set rate of $23 per tonne, it is way above anything else anywhere in the world, and will send Australia’s economy… Read More ›
Tag Archive for ‘carbon price’
India: "no binding commitment to reduce emissions"
Acres of newsprint have been wasted over the past week trying to convince everybody that Durban really did achieve something, namely that for the first time, China, India and the US have agreed to binding emissions cuts by 2020. Despite… Read More ›
Carbon price – EU: $8 (and falling), Australia: $23 (and rising)
The EU carbon price has slumped to a new low, making Australia’s $23 a tonne carbon tax in mid-2012 nearly three times the price on the European market: European Union and U.N.-backed carbon prices plunged to new record lows on… Read More ›
Carbon trading "a pyramid marketing scheme"
So says John Baird, Canadian Foreign Minister. Greg Sheridan writes in The Australian: The Conservative government of which he is part, under Prime Minister Stephen Harper, won an absolute majority for the first time at the last election on the… Read More ›
Taxes as punishment don't work
I wonder if the government will listen as intently to the Productivity Commission now as it did when the Commission was providing support for the carbon price: THE Productivity Commission chairman, Gary Banks, has sounded a warning to the government… Read More ›
Embarrassing: Gillard wanted direct action approach to climate
In other words, Julia Gillard wanted to pursue a policy very similar to that presently advocated by, er, the Coalition. Oops. It’s common knowledge that Gillard opposed the ETS being pushed by Kevin Rudd in 2009, and now it has… Read More ›
Gillard "untrustworthy and tricky" over carbon tax
Julia Gillard is just like a weathervane, twisting in the wind this way and that with no guiding principles to fall back on. She is like Humpty Dumpty: words mean exactly what I want them to mean. The Australian’s Cut… Read More ›
EU carbon market crashes
The shambles that is the EU is held up as a shining example of what Australia should aspire to be – fractured, miserable, uncertain, and verging on bankruptcy. Terrific. And to cap it all the carbon price has now crashed… Read More ›
World of "sham carbon policies" exposed
Earlier in the week we had the government plugging the same old line: “Australia is falling behind other countries and we need to catch up – and by the way, here’s a Productivity Commission report which agrees with us.” Henry… Read More ›
Models wrong again – so what's new?
Not climate models this time (for a change), but Treasury modelling of the effects of a carbon price on the Australian economy. And according to Wayne Swan, we won’t even notice it! Brilliant! It’s almost as if the model was… Read More ›