While Labour’s opinion polling is hitting catastrophic levels, that shouldn’t give the Coalition’s policies a free ride. Ben Eltham explains how the Coalition’s Direct Action carbon policy will introduce a “shadow price for carbon”, critiquing the veracity of Tony Abbot’s claim that a carbon tax would be “toxic” for the economy and would destroy the coal industry. As the Direct Action Plan’s pledge to reduce Australia’s CO2 emissions is 60% based on soil sequestration, Ben concludes that the Coalition’s carbon plan “obviously won’t work”, and is based on “incomplete science, dubious economics and breath-taking political expediency”.
Read Ben’s article here.
Originally published on The Drum.