As I have discussed previously, the Liberal Party of Australia have promised in certain terms to repeal the carbon tax. I still find it difficult to believe there is any way they can wiggle out of their extremely strong pronouncements on the matter, at least as long as Tony Abbott remains their leader. It seems …
Tag Archive: Carbon Tax
May 17 2013
It’s still the climate, stupid
The Australian Labor government has yet again ignored climate change in its latest budget. Treasury’s forecast for the Australian carbon price in 2015 (when it is scheduled to become an internationally-linked emissions trading scheme or ETS) has been revised downward from $29/tonne to $12.10/tonne, a belated implicit admission that its decision to link to the …
Apr 18 2013
Is it time to abandon emissions trading?
Yesterday the European Parliament voted down a European Commission proposal to postpone the auction of 900 million permits for the European Union Emissions Trading Scheme (EU ETS) from 2013-2015 until 2019-2020 (called “backloading”). The proposal was predictably opposed by Poland and other eastern European countries, and unfortunately also met resistance from conservative forces within some …
Apr 11 2013
Australia’s carbon price time bomb
Australia’s carbon price, presently fixed at $23/tonne, is the subject of many political talking points. The most important (and perhaps most confusing) disagreement is over whether or not the carbon price is effective. The Labor government and the Greens, who designed the policy, claim the carbon price is already cutting emissions, pointing to reports that …
Mar 10 2013
Caps Review Part 6: ETS design flaws and pitfalls
This is the sixth part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, Part 2 explained the importance of the review and how CCA should approach it, Part 3 outlined the role Australia should …
Mar 09 2013
Caps Review Part 5: Emissions caps
This is the fifth part in a series about the Caps and Targets Review being conducted by the Australian Government’s independent Climate Change Authority (CCA) this year. Part 1 summarized the global climate crisis, Part 2 explained the importance of the review and how CCA should approach it, Part 3 outlined the role Australia should …