Wednesday, 18 March 2009

To cut emissions start by capping windy economists

An article in The Age on the 14th March . . .

by Ross Gittins

According to a growing band of economists, we'd be better off using a carbon tax to reduce greenhouse gas emissions, not the emissions trading scheme the Rudd Government introduced to Parliament this week.

My opinion? Don't believe it. It may be a case of the grass being greener on the other side of the fence. But what worries many, I suspect, is the knowledge we're dealing with reform that limits economic growth rather than promoting it.

Read more here.


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