“EVEN if the carbon price is repealed by a Tony Abbott government, it is likely to be brought back again within a few years, according to a survey of experts who work for the heaviest-polluting companies.“
So says the Socialist Morning Herald and we disagree – have your say in this poll
The SMH continues:
The latest study of expectations about the climate change laws, by the Australian National University’s Crawford School of Public Policy, found 40 per cent thought the scheme would be repealed by 2016. But 79 per cent expected a price on carbon to be in force by 2020.
”An overwhelming majority think there will be a carbon price in the medium to long term, but more than half the experts from liable entities think the legislation will be repealed along the way,” said the economist Frank Jotzo, the author of a report on the survey.
”It really puts the spotlight back on to the uncertainty that is dominating the area.”
The Opposition Leader, Mr Abbott, has given a ”blood pledge” to repeal the carbon price scheme if elected, either with the support of a defeated Labor party or after a double dissolution election over the issue. The survey received 76 responses from big emitters, the carbon finance and investment sector and other experts.
Dr Jotzo said he did not claim the survey was representative of all companies liable for the tax, but that the respondents were responsible for more than half the emissions covered by the scheme.
Among the big emitting companies directly charged the $23-a-tonne tax, slightly more than half expect it to be rolled back. Big emitters paying the tax were twice as likely to believe the scheme would be repealed as investors.
This tax shows that the government will implement onerous taxes. This knowledge will impede investment in Australia for years. Repealing the tax is an important step, but fear of the government will linger in the marketplace.
Fear of the government is what is causing the megarecession in the U.S., hence the rest of the world.
I think you’ve lost the battle and maybe the war when you accept the “big polluter” label for CO2 emissions.
Agreed Bob but this was written in the Socialist Morning Herald (formerly known as the Sydney Morn…) and they just love Green/Left nitwittery.