Comments on: What will the Australian ETS achieve? or What can a centrally planned carbon economy achieve?

By: Suhit Anantula

Suhit Anantula — Thu, 26 Nov 2009 23:52:25 +0000

John, Good points.

I have just posted a new one on – Australian ETS = Carbon Tax + Consumer Welfare

http://worldisgreen.com/2009/11/27/australian-ets-carbon-tax-consumer-welfare/

By: Australian ETS = Carbon Tax + Consumer Welfare « World is Green

Australian ETS = Carbon Tax + Consumer Welfare « World is Green — Thu, 26 Nov 2009 23:50:12 +0000

[...] understanding of the legislation (thanks a lot to the commentary on BusinessSpectator.com.au) I have learned that the ETS in its current form is not going to solve Australia’s problems at all. With [...]

By: John Hughes

John Hughes — Sun, 22 Nov 2009 07:44:44 +0000

The Australian ETS CPRS “Carbon Pollution Rewards Scheme”.

Given the extent of the free permits to the heavy polluters, the decision to exclude agriculture and the low starting price of eCarbon at $10 a tonne, we should be calling the Labor government’s proposed CPRS the “Carbon Pollution Rewards Scheme”.
This Labor government will be held accountable by future generations if they ram through this totally compromised ETS.
By the time Australia and the rest of the world realise that an efficient, ideal global ETS is impossible and cast around for workable alternatives ( which have already been detailed by many respected economists ), the world will have lost precious time and will have only provided a new market for the global finance industry to corrupt and blow up.
This Labor government’s “Carbon Pollution Rewards Scheme” only panders to the heavy polluters , other interest groups and the finance industry.
I pray that enough senator’s will not be bullied into going along with this potential disaster.