Von Strimmer said:
On a side note how is taxing big business better than planting tree's when it comes to reducing emissions? Personally I think we should forget all this nonsense and focus our efforts to helping our economy survive the situation with P.I.I.G.S and the US debt thing. (wow went a bit off topic)
The problem with planting trees to offest emissions is that those trees have to hold the carbon forever or there's no point, and every time you pollute more you have to plant more of them. The idea doesn't really work. A carbon tax, on the other hand, encourages people to pollute less to begin with.
Like you say, it is totally forgettable. 70% of all households will be totally compensated, another 20% to some degree, BHP will be hit hard, losing some of its record profits...eh.
The Australian economy is doing fine, especially compared to lots of places in Europe which actually are fucked for real. Where is the discussion about the actually important things the Australian government is (or isn't) doing which will have an actual impact on things?