Federal Government proposes a price on carbon.

[gossipgirl]

New research from the OECD finds that 29 countries have higher ‘effective’ carbon prices than Australia.

Is there any explanation of what other costs they have lumped in to come up with these effective prices?

Details of the report can be found here

Details for each country can be found down the bottom under the heading "Country Notes"

That report is about carbon prices on fuel, which gillard excluded from the carbon tax for the first two years, so of course Australia is lower at the moment.
Wait til the carbon tax kicks in, we'll jump up the list.

yeah lets be number 1 !!!!

[Psyber]

In the meantime neither the government nor the unions (who should be) are thinking about the incompletely burned carbon compounds in diesel exhaust that are just as dangerous as Asbestos (which we do take seriously).
The W.H.O. confirmed the risk some time ago.

[fish]

New research from the OECD finds that 29 countries have higher ‘effective’ carbon prices than Australia.

Is there any explanation of what other costs they have lumped in to come up with these effective prices?

Details of the report can be found here

Details for each country can be found down the bottom under the heading "Country Notes"

That report is about carbon prices on fuel, which gillard excluded from the carbon tax for the first two years, so of course Australia is lower at the moment.
Wait til the carbon tax kicks in, we'll jump up the list.

I don't reckon our overall price will go up all that much when the carbon price is applied to fuel. In addition to the carbon tax the current fuel excise of just over 38cents per litre is already included in the OECD analysis. IIRC the carbon tax was expected to add about 6cents/litre or so to the fuel price and as such will not have all that much impact compared to what we already have.

[fish]

Meanwhile the Chinese News Agency reports that China is planning to introduce a carbon tax:

China to introduce carbon tax: official

BEIJING, Feb. 19 (Xinhua) -- China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry of Finance (MOF).

The government will collect the environmental protection tax instead of pollutant discharge fees, as well as levy a tax on carbon dioxide emissions, Jia Chen, head of the ministry's tax policy division, wrote in an article published on the MOF's website.

[The Sleeping Giant]

Another 6 cents a litre is more cost to be passed on to the consumer on everything.

[The Sleeping Giant]

Meanwhile the Chinese News Agency reports that China is planning to introduce a carbon tax:

[url=http://news.xinhuanet.com/english/china/2013-02/19/c_132178898.htm]China to introduce carbon tax: official[/url]

BEIJING, Feb. 19 (Xinhua) -- China will proactively introduce a set of new taxation policies designed to preserve the environment, including a tax on carbon dioxide emissions, according to a senior official with the Ministry of Finance (MOF).

The government will collect the environmental protection tax instead of pollutant discharge fees, as well as levy a tax on carbon dioxide emissions, Jia Chen, head of the ministry's tax policy division, wrote in an article published on the MOF's website.

Yep. China have plenty of history in environmental matters.

[fish]

An intersting analysis from Bloomberg New Energy Finance:

Will Australia’s carbon price last? A 2013 update

Australia’s carbon price has now been in effect since 1 July 2012. Yet, with a change of government looking likely after the 14 September federal election, some believe it inevitable that the world’s newest carbon market will not last the distance. This White Paper updates our December 2011 analysis – Will Australia’s carbon price last?

● We estimate that there is only a 32% chance that Australia’s carbon price will be repealed after the 14 September federal election. The Coalition will have to win a majority in the House of Representatives and control enough votes in the Senate to successfully pass legislation through parliament to rescind the Clean Energy Act.

● Current polling suggests that the Coalition will win government and Tony Abbott will become Prime Minister. If he secures a majority of votes in the Senate, the earliest he could rescind the carbon price is H2 2014 after the Senate changes hands on 1 July 2014.

● If the Coalition wins government but fails to control a majority of votes in the Senate, it would have to manoeuvre itself to call a double dissolution election and hope to win its majority in a second poll. Usually this process takes around nine months to engineer, making the earliest likely point of repeal H1 2015, immediately before the floating-price period is due to begin.

● Winning a majority in the Senate is difficult as only half the state-based senators contest their seats at each election. If Labor and the Greens win a combined 42.9% of the first preference vote in each state, it would be impossible for the Coalition to control the upper house provided both parties have done a close preference deal.

● Abbott has repeatedly said he is prepared to go to a double dissolution to remove the carbon price, yet a narrow election result would cast significant doubt over his chance of success. There have only been six double dissolutions in Australia’s history and on two occasions they resulted in the sitting government being cast out by the electorate. Having only just been returned to government after being in opposition since 2007, this would be a very bold move.

● Some commentators have argued that if Abbott will not risk a double dissolution, he may try to reengineer the scheme in order to undermine its economic impact. However, the so called ‘Abbott Proof Fence’ appears secure and any efforts to try to push the carbon price to zero, remove the penalty for non-compliance, or adjust the eligibility threshold for liable entities, could be blocked by a hostile Senate.

● While businesses must comply with current obligations under the Carbon Price Mechanism, it must also manage the ongoing political uncertainty. Some firms are actively looking to acquire EUAs while prices languish in record-low territory while others appear to be waiting for a definitive political signal they are hopeful will come in September. Our analysis suggests that if the Coalition gains power, the uncertainty is likely to continue until H2 2014, with government auctions starting earlier in 2014. Hence, for the time being businesses will have to focus on compliance to ensure that trading operations and risk management systems are set up.

[dedja]

The coalition will win the election in a landslide, so if the resultant Senate is hostile, Abbott will have absolutely no hesitation in engineering and calling a double dissolution.

[Sky Pilot]

The coalition will win the election in a landslide, so if the resultant Senate is hostile, Abbott will have absolutely no hesitation in engineering and calling a double dissolution.

How do you reckon he will get on in that instance D? Will voters be pissed off at having to go to the polls twice in a year and vote against the Coalition in spite, or what? Of course if Abbott got all the support he wanted the (second) election could clean out the Greens and other assorted drop kicks and give him full control. Then we would see stuff happen!

[The Sleeping Giant]

I don't think the libs will have much trouble having the numbers in both houses.

[Roxy the Rat Girl]

Of course if Abbott got all the support he wanted the (second) election could clean out the Greens and other assorted drop kicks and give him full control.

Be careful what you wish for, an untested government with absolute control may not hold all the answers we voters seek.

[mick]

Of course if Abbott got all the support he wanted the (second) election could clean out the Greens and other assorted drop kicks and give him full control.

Be careful what you wish for, an untested government with absolute control may not hold all the answers we voters seek.

Agree as much as I hate to see drop kick parties like the Greens have any power it is a moderating influence. Last time the Libs had the numbers we got workchoices, which resulted in them being kicked out in 2007 and two terms of the apalling crap we have now.

[Sky Pilot]

Of course if Abbott got all the support he wanted the (second) election could clean out the Greens and other assorted drop kicks and give him full control.

Be careful what you wish for, an untested government with absolute control may not hold all the answers we voters seek.

Agree as much as I hate to see drop kick parties like the Greens have any power it is a moderating influence. Last time the Libs had the numbers we got workchoices, which resulted in them being kicked out in 2007 and two terms of the apalling crap we have now.

I just hope Abbott gets a very clear majority, and based on his promise to repeal the carbon tax it would be a mandate surely. So if Milne and her cronies with the senate majority choose to defy the wishes of the public then let it be on her head and I just hope the media gets stuck into her and forces her hand. She really is a complete twat, soooo impractical with her unrealistic policies.

[Sojourner]

Are the Liberals going to put the Greens last after the ALP? The reason Greens politicians have been elected in some cases has been on the back of Liberal preferences based around anyone but the ALP.

The same question should be put also to the ALP, do they also cease preferencing the Greens also in an attempt to draw a line in the sand from the whiteanting they are currently recieving from the Greens which will continue to grow in coming elections? I suspect they will not and the Greens will continue to grow accordingly, the ALP do not have the will nor the determination to get into a fight with the Greens, irrespective of how many deals Milne breaks with them.

[Q.]

Are the Liberals going to put the Greens last after the ALP? The reason Greens politicians have been elected in some cases has been on the back of Liberal preferences based around anyone but the ALP.

The same question should be put also to the ALP, do they also cease preferencing the Greens also in an attempt to draw a line in the sand from the whiteanting they are currently recieving from the Greens which will continue to grow in coming elections? I suspect they will not and the Greens will continue to grow accordingly, the ALP do not have the will nor the determination to get into a fight with the Greens, irrespective of how many deals Milne breaks with them.

Will be interesting. Starting to like Milne and I think she's doing well at the moment.

[Psyber]

Are the Liberals going to put the Greens last after the ALP? The reason Greens politicians have been elected in some cases has been on the back of Liberal preferences based around anyone but the ALP.

The same question should be put also to the ALP, do they also cease preferencing the Greens also in an attempt to draw a line in the sand from the whiteanting they are currently recieving from the Greens which will continue to grow in coming elections? I suspect they will not and the Greens will continue to grow accordingly, the ALP do not have the will nor the determination to get into a fight with the Greens, irrespective of how many deals Milne breaks with them.

Will be interesting. Starting to like Milne and I think she's doing well at the moment.

It will be interesting - she is looking like she will be less compromising and more polarising that Bob Brown.
She is obviously moving you and me in opposite directions...

[Roxy the Rat Girl]

I just hope Abbott gets a very clear majority, and based on his promise to repeal the carbon tax it would be a mandate surely.

Abbott will repeal the carbon tax, he has made this pledge time and time again. he has also stated that he will implement his Direct Action Policy to meet Australia's emissions reduction targets. I would like to know how he intends to pay for this without the carbon tax. For mine the has 2 options - cut government expenditure (services) or raise taxes, neither of which will be palatable in the electorate. The Carbon issue may well haunt the opposition as it has the current Government.

[Sojourner]

Abbott will repeal the carbon tax, he has made this pledge time and time again. he has also stated that he will implement his Direct Action Policy to meet Australia's emissions reduction targets. I would like to know how he intends to pay for this without the carbon tax. For mine the has 2 options - cut government expenditure (services) or raise taxes, neither of which will be palatable in the electorate. The Carbon issue may well haunt the opposition as it has the current Government.

Another option is to simply increase the number of full time jobs available in Australia as well as having successfull companies employing these people, all paying tax. Yes you can sack someone and re-employ them at another job at 10 hours a week and supplement their income with welfare payments and keep the unemployment figure low, yet the result is the current situation with the budget. Create real jobs then those people are paying tax, not recieving it.

[fish]

Industry bid for early emissions trading scheme rejected

The Federal Government, Opposition and Greens have killed off a call from the Australian Industry Group to move to an emissions trading scheme two years early. AIG wants a shift to an ETS from July, giving the Coalition the political opportunity to deliver on its promise to end the carbon tax and possibly, in time, back an emissions trading scheme.

[Bully]

I just hope Abbott gets a very clear majority, and based on his promise to repeal the carbon tax it would be a mandate surely.

Abbott will repeal the carbon tax, he has made this pledge time and time again. he has also stated that he will implement his Direct Action Policy to meet Australia's emissions reduction targets. I would like to know how he intends to pay for this without the carbon tax. For mine the has 2 options - cut government expenditure (services) or raise taxes, neither of which will be palatable in the electorate. The Carbon issue may well haunt the opposition as it has the current Government.

good! Hence the reason he has my vote.