Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Use Incentives Not Taxes to Cut Carbon Emissions

Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Use Incentives Not Taxes to Cut Carbon Emissions

Article excerpt

FOR me, I feel we are faced with a stark contrast of choice.

The Federal Labor Government is implementing a carbon tax that will permeate all parts of our lives, harming all Australians and potentially undermining all the good in our economic position.

The Liberal National Coalition proposes direct action-based incentives to inspire action and innovation that will create a genuine steep change in activity, while stimulating a greener, cleaner economy for the future benefit of all Australians through a reduction in carbon emissions.

The Government's own modelling says that Australia's gross national income will be more than $4000 per person lower with a carbon tax than without one by 2050. The Government's own modelling reveals Australia's cumulative GDP between now and 2050 will be one trillion dollars less with a carbon tax than without one. That's the equivalent of the entire country actually closing down for almost a whole year.

The Government claims most households will be marginally better off, after compensation, while the carbon tax is $23 a tonne.

No one is claiming that people will still be better off when the tax rises to $37 a tonne in 2020 let alone skyrockets to $350 a tonne in 2050, as the government's own modelling predicts. …

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