This question gives me an opportunity to make a serious point
about carbon pricing schemes ETS or tax).
Not exact matches
It waxes positively
about the New Zealand emissions trading
scheme, while failing to note that any further extensions have been indefinitely delayed and the local
price on
carbon emissions is currently well south of $ 10.
The survey indicates pervasive uncertainty
about the future of Australia's
carbon pricing scheme, but also a strong expectation that
carbon pricing will be a feature of Australia's economic policy framework in the medium to long term.
The main argument for a
carbon tax rather than a trading
scheme is that, if there is a lot of uncertainty
about the cost of reducing emissions, and not much uncertainty
about the damage caused by climate change, a fixed
price for emissions (that is, a tax) will get closer to the optimal outcome than a fixed quantity.
That framing costs as a foregone - gain increased the amount people were prepared to reduce emissions is noteworthy because public messages
about climate policy impacts typically frame the costs of reducing emissions as a loss [13]-- a pattern confirmed by our analysis of newspaper communications regarding the future costs of Australia's
carbon pricing scheme.