Making life easier for emitters
The unfortunate reality is that, having waited a decade for a government to express a willingness to do something about climate change, we are now faced with a choice between a policy that locks us into failure by dictating that emissions in Australia cannot fall by more than five per cent and abandoning the CPRS altogether. What could we do instead? The simplest thing to do in the short term is to introduce a carbon tax of around $25 per tonne. As luck would have it, the administrative infrastructure the government needs to run the CPRS is almost identical to that required for a carbon tax. If we can iron out the problems with the CPRS and establish decent targets, we can always move towards a CPRS down the track.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Stage 3 Better – Revenue Summit 2023
Presented to the Australia Institute’s Revenue Summit 2023, Greg Jericho’s address, “Stage 3 Better” outlines an exciting opportunity for the government to gain electoral ground and deliver better, fairer tax cuts for more Australians.
Richard Denniss: National Press Club Address
On Wednesday, 31 January 2024, Richard Denniss and Allegra Spender MP addressed the National Press Club for a debate on the Stage 3 tax reforms. **Check against delivery** [See below for transcripts] Tax is good. Tax is an investment in our society and the highest taxed countries in the world also happen to be the
The Climate Crisis is an Integrity Crisis | Polly Hemming
I am starting my address to this year’s summit in the exact same way that I started last year’s address. Because it is just over a year since I delivered these same words, which aren’t actually my words. They are the words of our Climate Change Minister, and they provide a baseline of sorts for what progress has been made in that time.