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Carbon tax nonsense : Comments
By Jennifer Marohasy, published 6/5/2011The protest movement has become mainstream and oppresses the oppressed, just like they've always been oppressed.
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What I agree is that we may not know with the same certainty what the impact will be on the environment from the know rises in CO2 concentration. This is where risk analysis is needed.
When we buy an insurance policy we rely on risk analysis experts to assess those risks for us and place a price on the risk of our house burning down for example. We can ignore this advice and not pay for the insurance or we can assess that we cannot afford to lose the house and pay an appropriate insurance premium.
I see the "carbon price" as an insurance premium. The expert risk assessors may have got it wrong. But they may also be right.
The government cannot afford to let the "house" burn down so they wisely (in my opinion) buy an insurance policy to stabilise CO2 concentrations and (hopefully) stop the house fire.
Do you take out house insurance?