Australia and the US pass major climate bills without taxing carbon
The Gillard Labor Government introduced a tax on carbon that worked but was political poison. Labor's new climate policies do not rely on a carbon tax but instead on incentives to encourage clean energy, carbon farming, and electric transportation. This is not ideal. For decades, economists claim that carbon taxes and pollution-allowance markets are the easiest and best way of reducing emissions at the lowest cost. It seems that taxes are no longer in fashion and instead, stimulus is the new thing. Tax avoidance has a long history It's not a new thing. Since decades, politicians in Anglophone nations have avoided carbon...