Carbon tax Vs Emissions trading scheme.

Which one is better?

CrazyNeutrino said:

Carbon tax Vs Emissions trading scheme.

Which one is better?

Depends how they are implemented; they both essentially do the same job, i.e. make the costs associated with GHG emissions visible to the people buying the goods and services that result in the emissions.

But in the situation of a government needing to raise more revenue, but determined not to raise income tax, a carbon tax called an emissions trading scheme has a lot going for it.

I tend to prefer the ETS model. That way the price can adapt as necessary to new technologies and changing economic circumstances.

dv said:

I tend to prefer the ETS model. That way the price can adapt as necessary to new technologies and changing economic circumstances.

Maybe we should have a tax transitioning to a trading scheme.

No rational person could object to that.

Had a chuckle on the way down the mountain.
Wild Bill Shorten was saying there’ll be no carbon tax under a government I lead.

Peak Warming Man said:

Had a chuckle on the way down the mountain.
Wild Bill Shorten was saying there’ll be no carbon tax under a government I lead.

Did you hear that bloke Morriset or whatever his name is though?

Wants to be Tony Abbott I think.