Prime Minister Kevin Rudd’s announcement that the carbon price is now a quarter of what was forecast is good news; the question is, for whom?
Rather than crippling, the impact of the carbon price is barely even irritating for most polluters.
Compared with the impact of the high exchange rate since 2007, the carbon price was trivial even before this week’s announcement.
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
For major party leaders, the Greens, independents and minor parties are the closest threat
Nearly a quarter of all seats in the federal parliament are now “non-classic” seats, where first and second is no longer a fight between the two major parties.
New Analysis: Mid-East war’s hit to Australian economy, how to reduce its impact
New analysis by The Australia Institute reveals the impact the war in the Middle East is likely to have on Australian households – and recommends policies to limit the hardship.
Australia has significant power in the world, we should be using it more wisely
There are just under 200 countries in the world and Australia is in the G20.