The climate debate reveals how confused the philosophical underpinnings of political parties have become, writes Richard Denniss for The Australian Financial Review.
Public debate about the details of climate policy can be like seven-year-olds arguing over who would win a battle between Spiderman and The Incredible Hulk.
The debate is messy because of the combination of old economic concepts, new political slogans, and a complicated Senate. The outcome is a partisan sparring match so confused and conflicted that, dare I say it, Twitter and news headlines simply can’t capture the complexity of what is going on!
There are many ways to change consumer and industry behaviour, including taxes, subsidies, prohibition, campaigns and regulation. All political parties support these tools but disagree on which tool should be used for which problem. The question usually revolves around politics rather than philosophy.
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
Fossil fuel subsidies
When governments subsidise fossil fuels—coal, gas, diesel, petrol—they not only waste public money, they also make climate change worse. Subsidies and tax breaks make fossil fuels cheaper, making it harder to switch to renewable energy and cleaner technologies. Ending fossil fuel subsidies is common sense and good policy.
Climate crisis escalates cost-of-living pressures
A new report has found direct connections between the climate crisis and rising cost-of-living pressures. Failure to lower emissions now will only aggravate the crisis, with each moment of inaction compounding the pressure on households.
Australia’s small mining industry
Despite its claims to the contrary, the mining industry is a relatively small and unimportant part of Australia’s economy. It pays very little tax, receives considerable subsidies, employs few people, and is largely foreign-owned.