"Tony Abbott is proposing what now!?"
I’ve been waiting patiently for the mainstream media, with their depth of experience and resources, to provide a detailed piece examining the proposed “carbon tax” but they’re obviously too busy tweeting or re-tweeting somebody else’s tweets* to oblige, so in the great “DIY” tradition of the Internet**, I thought I’d give it a crack myself.
At the moment companies can release large amounts of carbon into the atmosphere with no more consequence than pursed lips and some “tut-tutting”***. The purpose of a carbon tax (or levy, however you want to put it) is that polluting companies will be charged a fee (yet to be set) for every ton of carbon they release.
This means that not only will there be an economic incentive for companies to switch from high-polluting to low-polluting technologies; it will also provide an incentive for consumers to move from goods and services involving large carbon emissions (costly) to goods and services involving lower carbon emissions (less costly).
It also means, as PM Jules has repeatedly said, that the costs of some things will rise, which is why some of the money raised by the carbon tax will be used to compensate lower-income earners as well as being invested in newer, greener technologies.
As to whether the PM “lied” or not, well really, who gives a fat fuck.
She said before the election that there needed to be a price on carbon. Whether you call it a “tax” or a “levy”, it’s completely irrelevant as to whether it’s good policy or not.
Based on everything I’ve read, it’s a good start.
* I don’t know what that means.
** I don’t know what that means, either.
*** I may exaggerate slightly.