I have been writing about how Kevin Rudd’s plan to introduce carbon trading included payments to millions of households on the increase in expenses. I suggested that was the wrong thing to do and that we need to change behaviour of consumers to solve this.
What about the other side? What if the emissions reductions are possible through large systemic changes in electricity production, energy efficiency at the business level etc and leave the consumers out of it directly. Consumers will still pay for the increased business costs through increases in product costs however, that is dependent on the market (which is somewhat free in Australia).
In a way the business guys are better at doing this than each individual consumer. Let them sit back and have fun and pay a bit more in product expenses.
What say?
