perceptions_now
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Australian Politics
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Perth WA
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Soren wrote on Mar 28 th, 2011 at 10:46am: astro_surf wrote on Mar 27 th, 2011 at 10:33pm: perceptions_now wrote on Mar 27 th, 2011 at 10:23pm: astro_surf wrote on Mar 27 th, 2011 at 10:10pm: A carbon tax will cost households less than the GST, 1% according to Treasury, and costs to motorists being less than a few dollars a week. This isn't quite the economic armageddon that more than a few people heyre have been led to believe... Then, all being equal, it will not change the peoples Carbon habits and the tax would not achieve its primary stated objective of reducing Carbon emissions, which should not be restricted purely to Carbon btw, as their are other GHG's involved.
Oh and btw, I agree that GHG's NEED TO BE REDUCED, but not by this tax, as it will not actively seek the reductions necessary. A carbon tax is a lot less about reducing emissions by changing habits as it is about sending a strong market signal that will stimulate investment in the sorts of technology that will significantly reduce emissions. You would have to triple the price of coal-generated energy to make renewables cost-effective. Do you mean from where it was just after the turn of the century or where it is now? One way, it's already more than tripled, the other way may take a short wait! http://chart.apis.google.com/chartchtt=Coal,+Australia+price+chart&chts=000000,12&chs=700x420&chf=bg,s,ffffff|c,s,ffffff&chxt=x,y&chxl=0:||Feb-07|Aug-07|Feb-08|Aug-08|Feb-09|Aug-09|Feb-10|Aug-10|Feb-11|1:||1:|35.2|44.1|78.0|112.0|146.0|180.0&cht=lc&chd=t:26,24,26,28,28,29,31,31,31,34,38,39,38,42,47,51,51,73,66,68,73,89,100,88,83,60,51,44,44,42,34,35,36,40,41,40,38,39,44,46,54,52,52,56,56,55,53,50,53,54,57,66,74,70&chdl=($/mt)&chco=000099&chls=3,1,0 Coal, Australian thermal coal Monthly Pricehttp://www.indexmundi.com/commodities/?commodity=coal-australian&months=120$25 Per tonne in May, 2003 - over $130 per tonne now. Btw, if the charts remind you of something else, then look at the Crude Oil charts, around $10 a barrel early in this century and now around $105.
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