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Usually that would be the case, but rightly or wrongly as dazz points out Labor federally have the stench Labor had in NSW. Barry OFarrel could have called 5 elections in a row over 3 months for ***** and giggles and would have won in all of them I suspect... When I saw the crowd laugh at...

So we would get an amount of permits equal to our current output of carbon and then this would decrease each year from their? Sounds good. I don't believe any developing economy would accept this however. They need to be compensated as they have not yet developed using cheap coal power as...

I don't even know what they will use as compensation if it is a global scheme? Won't we just be paying compo to developing countries and developed countries that already use little CO2 per person like european countries ex russia? It seems to me they are handing out tax breaks now that if...

Short Term it is not such a big deal, is it? I think people have to look at the long term around this tax and the purpose of our local ETS. Short term as others have said, the income produced from the tax is put right back into the economy minus the administration costs. Presumably this...