A general carbon price - most likely a carbon tax - is needed if only to counter the crazy-quilt risk from the balance of power Greens and country independentThe reasoning goes that with all the inefficient climate change induced indirect taxes happening there is a need to rationalise the whole process.
- Worried about big slugs? Try a carbon tax
some features of the crazy-quilt:
- "green car" subsidies to the motor vehicle industry
- uncertainty pushes up prices
- an initially low C tax is better than an expensive ETS
- renewable energy costs more, so a 20 percent target by 2020 is expensive
- Labour's failed home insulation scheme was indirect and disastrous
- ditto for Labor's "cash for clunkers" promise
- Independents such as Windsor are promoting rural protectionism, which can't survive in the long term
- low income earners could be compensated for increased electricity prices
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