Isra-Mart srl : Carbon taxes support from ETS

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Isra-Mart srl news:

Australia’s new government has left open the opportunity to introduce an interim carbon tax before an emissions trading scheme (ETS) is implemented.

The announcement of the new multi-party climate change committee’s plan to look into ways of placing a price on carbon has experts saying that a carbon tax could serve as a permanent part of our response to climate change.

“We had an emission trading system essentially thrust upon us. It was a decision made by the Labor Party even before they got elected in 2007, and it was really the only model that was therefore investigated,” says Professor Barry Brook from the University of Adelaide.

“The debate about whether to have an emissions trading scheme or a carbon tax was one that we never really had.”

But it seems that an overdue debate could be about to begin, with more than a few commentators stating their support for carbon tax as a permanent solution to the climate problem instead of ETS.