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Yep. Rolf, you've got it worked out. Anyone who understood the ETS would know that it wasn't designed to reduce carbon emissions. It certainly did that in Australia, but if the emissions were sent to China instead, then that doesn't count. The ETS was designed to distribute wealth to the...

Them..?? Who's them? The miners? Miners dig up raw material. It's not the miners job to value add. Why don't you go and build a factory and make something and export it then, if it's so darn easy and simple? But remember, your competing with people working for a tenth of our wages, and...