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Economists remain convinced carbon tax or ETS is the way forward

Posted on 29 October 2013

Years of bitter political combat over climate change policy has left the economics profession unmoved. Despite Prime Minister Tony Abbott’s plans to rid Australia of what he calls the “toxic” carbon tax, the poll by Fairfax Media shows there is near-unanimity among economists that a market-based solution, such as a carbon tax or an emissions trading scheme, is the best policy option to reduce carbon pollution.
This echoes similar surveys taken in past years. Economists are convinced that carbon pricing will yield the greatest environmental bang-for-buck at the lowest economic cost………………………………………..Full Article: Source


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