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A global carbon price could soon be a reality — Australia should prepare

Posted on November 14, 2020January 28, 2021

The US just voted out a climate denier and is now going to take serious action on the environment. Europe is already acting. Our major trading partners are committing to net-zero targets.

We’re getting left behind. This ought to provide the impetus to put Australia’s climate wars to rest. Even if our elected politicians don’t want to do something serious about climate change for moral reasons, they now have little choice but to do so for practical reasons.

And that involves a price on carbon. Otherwise our exporters are going to be seriously disadvantaged. Using the proceeds from that price on carbon to pay it back as a dividend to Australians would be the best way forward.

Here is the link: https://www.abc.net.au/news/2020-11-14/a-global-carbon-price-could-soon-be-a-reality-australia-prepare/12881904

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