Monday, 5 November 2012

Australia doesn't have an economy wide carbon price

Andrew Leigh writes in Climate Change Mythbusters: An Economy-Wide Carbon Price that claims that Australia has the world's only economy wide carbon price are wrong:
In fact, Australia’s carbon price excludes agriculture, smaller emitters and household transport (although some businesses will face an effective carbon price via changes to the present fuel tax regime). Overall, it captures about 60 per cent of total carbon emissions.

No comments:

Post a Comment