feistl
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Cutting emissions is a very fair and noble objective. Unfortunatly this scheme will do exactly the opposite whilst driving the final nail into Australian manfuacturing and generally ****ing over our entire economy in the process. The only possible way for this to reduce overall carbon emissions is for the entire world (including china/india/etc) to adopt a similar plan. Unless that happens you simply move the problem else where to countries with zero epa regulations thus doing more damage to the global environment.
Reaper
Pretty much sums it up.
If we have to have a carbon tax... why not just fine the big polluters, and give the money to companies who are reducing their green house gas emissions.
Simple really, so a company which pollutes will have teh choice of either paying $10,000,000 to change their output, or pay $20,000,000 in fines .
But yeah, all its going to do is drive prices up on locally made items and put them out of business.
How about tax imports more, and give the money to Australian companies to reduce their greenhouse gas. At least that way the money Australians spend, stays in Australia. that has to be a good thing.