Developments on carbon price
Now the OECD has weighed in to the debate I’ve been covering on these pages. It recommends an Australian price on carbon “sooner rather than later” as the best option for cutting emissions.
This chimes with the position of the Prime Minister, Julia Gillard.
It supports the position taken by Rod Sims, Chair of the NSW Independent Pricing and Regulatory Tribunal (see below).
It strengthens the case against having a whole raft of subsidies for solar and wind, roof panels, insulation and cash for clunkers and such diverse policy tools on climate.
A simple price on carbon should take their place and get us to lower emissions faster and more economically.
Yes, Christine Milne (Green Deputy Leader) it does put Tony Abbot’s position to shame. But the bigger challenge is for the Greens to quickly reach an agreement with Labor and get legislation passed.