Australia Still has Carbon Taxation

As some conservatives celebrate the repeal of Australia's carbon tax, a dose of caution is warranted: Australia still has carbon taxation on its agenda. This repealed legislation is apparently going to be replaced by the multi-billion dollar "Direct Action" climate change policy that Prime Minister Tony Abbott has long been promoting. Thus, one form of carbon pricing gets replaced by another form of carbon pricing, neither of which is acceptable. Many critical thinkers about climate science got excited over Abbott's public statement that the "science behind climate change was 'crap'"? A little -- more accurately, a lot -- premature that enthusiasm was. Here is what Abbott's government said during the past couple days about climate change policies after the Senate finally voted to repeal the carbon tax: "The government said it would now achieve the 5% target through its as-yet-unlegislated Direct Action competitive grants policy,...(Read Full Article)