Government & Politics

Carbon Abatement Scheme

Government & Politics

Posted by: col001

18th Aug 2012 02:19pm

Arguably the most controversial piece of legislation passed by the Gillard government would be the Carbon Abatement Scheme, better known as the Carbon Tax. The world price on carbon stands at $10 to $15 per tonne. The market rate is expected to remain at a approx $15 per tonne in 2015, when we revert to an ETS. Are Australians currently paying too much or should we be paying anything at all?

Since 2006 greenhouse emissions from energy generated sources have been showing a downward trend, meaning less dependence on fossil fuel generated power. The trend is undoubtedly the result of the growth in home and farm solar panels, and other sources. There is an argument we could meet 2020 emission targets with or without the carbon tax. Growth areas in emissions remain agriculture and transport. So why has the government targeted power generation? Also is the carbon tax really an indirect tax and not part of a carbon abatement scheme as they claim?

Many comments I have seen refer to CO2 as a pollution. Pollutants are chemicals, particulate matter or biological materials that cause harm or discomfort to living matter. Life as we know it would not exist if we did not have CO2. So why do some call it a pollutant when it doesn't really fit the meaning of a pollutant?

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