Tag: Carbon Trading

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Most Unsuccessful Tax in History: Marita Noon on Repeal of the Carbon Tax
July 22, 2014
Information

Most Unsuccessful Tax in History: Marita Noon on Repeal of the Carbon Tax

THE Wall Street Journal states: “The public hates it.” The (UK) Telegraph calls the tax: “one of the most unsuccessful in history” and points out that it is “unique in that it generated virtually no revenue for the Australian Treasury due to its negative impact on productivity; contributed to the rising costs that have taken […]

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Palmer Gored: A Win for Mandated Carbon "Markets"
June 26, 2014
Information News

Palmer Gored: A Win for Mandated Carbon "Markets"

A new alliance between Al Gore and Clive Palmer is likely to result in the repeal of the carbon tax, but the big winner is probably the global warming industry, not the ordinary Australian. Indeed if you think your electricity bill is about to plummet, you've been mislead.  Much of the increase in the price […]

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Why the ETS will not Succeed: Peter Lang
August 6, 2013
Information Opinion

Why the ETS will not Succeed: Peter Lang

JUSTIFICATION for Australia’s carbon-pricing scheme assumes there will be a global carbon pricing system with our ETS a part of it. This assumption is probably wrong. It is unlikely a global carbon pricing system will be implemented, let alone sustained for the decades or even centuries that would be required. Without a global carbon-pricing system, […]

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Carbon Credit Market is Neither Free nor Worth Anything: Jo Nova
August 4, 2013
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Carbon Credit Market is Neither Free nor Worth Anything: Jo Nova

THERE  is an entire cannon of western philosophical thought, dating back to John Locke and John Stuart Mills, that explains why the prosperity of a nation is not so much linked to its natural wealth, but rather the proper functioning of markets. In On Liberty, perhaps John Stuart Mill’s most famous treatise published in 1859, […]

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Greg Hunt's Carbon Buy-Back Scheme for Australia
April 30, 2013
Information News

Greg Hunt's Carbon Buy-Back Scheme for Australia

THE Shadow Minister for Climate Action, Greg Hunt MP, was in Brisbane yesterday explaining the Coalition’s plan to tackle climate change post September 14, 2013. You can download the manifesto as presented at the seminar here: The Coalition's Direct Action Plan, 29 April 2013 (9.8MB) Clearly the Coalition has no intention of showing leadership on this […]

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Remembering Why There Are Carbon Markets
April 18, 2013
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Remembering Why There Are Carbon Markets

CARBON is the key building block for all life on earth. We are made of it, we eat it and we breathe it. To label carbon dioxide, which is a component of the natural carbon cycle, a pollutant as the US Supreme Court did in 2007, is absurd. So, is the concept of trading carbon […]

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Carbon Taxing Refrigerants But Not Carbon Dioxide?
July 8, 2012
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Carbon Taxing Refrigerants But Not Carbon Dioxide?

ON July 1, Australia not only got a carbon tax, but also a tax on refrigerants based on their global warming potential. Refrigerants are used to keep things cool, for example, food in our refrigerators and people in cars and shopping centres. The refrigerants industry is claiming the tax will significantly increase their costs. The […]

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Really Reducing Emissions Would Mean Recession
July 1, 2012
Opinion

Really Reducing Emissions Would Mean Recession

In Australia we now have a carbon tax, to reduce emissions of carbon dioxide. But I bet if there really was an across the board reduction in carbon emissions by industry the government would be complaining. Back in late 2008, when the price of oil plummeted, there was no celebrating the reduced energy usage anticipated […]

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What the Carbon Tax and ETS will Really Cost: Peter Lang
June 30, 2012
Information Opinion

What the Carbon Tax and ETS will Really Cost: Peter Lang

Tomorrow, July 1, Australia gets the carbon tax the Prime Minister, Julia Gillard, promised she would never introduce.   The nation’s 500 “biggest polluters” will start paying a $23-a-tonne carbon price. Retired geologist and engineer, Peter Lang, calculates what this tax, and the Emissions Trading Scheme to follow, will really cost Australians: Introduction Popularly called the […]

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