Carbon price tug-of-war
Under the carbon price the government will collect more than $7 billion in revenue by encouraging Australians to reduce their emissions, yet at the same it will pay almost twice as much in subsidies to encourage the use of fossil fuels.
If subsidies are greater than penalties, how effective are current policies as tools for changing behaviour? Is it really a case of “polluter pays” or more like “pay the polluter”?