Abbott destroys carbon symbol but emissions issue remains

by Richard Denniss in The Australian Financial Review

Share

Originally published in The Australian Financial Review on September 24, 2013

The carbon price has become the ultimate political symbol. But has this helped or harmed the cause for those who support it?

For many progressives this symbol was so potent that they ran a “say yes” campaign for it even before they knew what it would entail.

Regardless of the emission reduction targets or the generosity of the compensation package enshrined in the final legislation, supporters of the symbol of carbon pricing were just happy to see their team win the day.

But what if the carbon price was nothing more than an economic instrument with some capacity to help reduce greenhouse gas emissions?

Related documents

Attachment

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

The carbon con killing koalas

by Stephen Long

The NSW Labor Government took office promising to create a vast koala sanctuary on the state’s mid-north coast – the Great Koala National Park. Despite the threat of koala extinction in the state, more than a year later the Great Koala National Park is yet to be established.