21 July, 2015

We responded to the bleating and now we pay the price


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uped by Tony Abbott’s bleating about “the great big new tax”, Australians are now paying the real price of abandoning the country’s carbon pricing structure.

Hugh Saddler writing on The Conversation has explored the “rebound effect” of Australia having opted to fall in line with Abbott plea to “scrap the tax”.

The Research Associate, Centre for Climate Economics and Policy at the Australian National University said, “..... achieving larger and faster emissions reductions will require a wide range of policies, all working in the same direction. A price on emissions, whether through an emissions trading scheme or a tax, will be a key component of such a suite, but only one component.”

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