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Carbon tax's floor collapses

Posted by: Paul Entwistle | 29 August, 2012 - 9:12 AM
A $15 floor price for carbon emissions has been scrapped by the government in favour of a floating rate.

The Gillard government's decision to scrap the $15 a tonne floor price for carbon has raised the concerns of a budget black hole first raised on the Morning program in July. Paul Murray spoke to Climate Change Minister Greg Combet about the decision.

Blog comments Your Say

  • Gee, I hope that floor wasn't made of asbestos. We'd truly be in the manure then, wouldn't we David?

    Dellas Thursday 30 August, 2012 - 7:35 PM
  • If a business could buy a bag of fertilizer for $4 in China, but the Government said you can, only but 12.5% of your business needs from there, I doubt as a business owner you would be very happy. However you would be less happy when you found out that the price you pay in Australia is $15 a bag, and that you are being forced to pay that price for 87.5% of your supplies. You ring the ACCC and say "why is that", and they say "because that's what it sells for in Europe". SAY WHAT! What on earth does that have to do with anything? As time goes by i'm feeling this carbon trading is total BS. Is the $4 one they sell in China real? Like, do they plant trees and stuff to remove a tonne of co2 a year in return for your $4? If they do, then why are we being forced to pay $15 for the same thing? Why would we pay $20, or $23, for the same thing? Why would we lock ourselves in with our SECOND biggest trading partner? To me this is an artificially created new commodity to be traded on world markets. Only this one's invisible, can't be measured, or validated. It's a scam, a variation on pine plantations scams.

    David Wednesday 29 August, 2012 - 10:41 AM

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