Friday, 11 March 2011

Carbon talk is simply not true

Herald Sun
28 February 2011, Page: 22

Tony Abbott is trying to scare us stupid on carbon pricing. Of course the picture he paints is terrifying. But it is simply not true. His paranoiac fantasies about the great, big, fat, hairy, scary new carbon tax are rejected by reputable economists around the world. Tony wants (maybe) to tackle climate change via direct action, and he wants taxpayers to foot the bill. But even a first year economics student knows that market mechanisms are more efficient and cheaper. In reality, a carbon tax, combined with strong support for renewable energy and energy efficiency, will be the cheapest way to reduce emissions.

Eli Court. Richmond

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