| Will he, won't he? Will she, won't she? Maybe only her hairdresser knows for sure. But regardless of whether Labor's soap opera ends with a bang or a whimper, one thing seems a sure bet - the carbon tax, a year old next week, won't survive to a second birthday.
Nor should any tears be shed at its demise. The tax's premise was that the world was moving to binding agreement on emissions reduction, with Treasury assuming a "co-ordinated international regime" would ensure "a harmonised world carbon price" by 2016. Scarcely believable when it was made, that assumption is now plainly delusional...............................................Full Article: Source
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