This really is a pet of yours AL. Quite right though. I do agree that if we are to do something serious on the whole carbon pollution issue an out and out tax is the way to go. This of course will not happen as the sell is too hard and big business don't stand to profit from it. no matter where you see the problem if it's not profitable it's not happening.

AlGore etc
I cannot find ENVEX on the ASX, do you know its asx code or correct name.
Nothing like getting in at the start.
The shares are certain to rise if Labour wins the election.

The economis and author Tor Hundloe in his book,
"From Buddha to Bono: seeking sustainability,"
tells us that:

" Economists know that pollution, resource degradation,
and all sorts of negative environmental impacts,
come at a genuine cost to society. One person's
free disposal of toxic waste is another person's
cost.

The costs can be severe and life-threatening, as with
water-borne diseases and particular air pollutants.
These facts we are aware of. Depending on how climate
change plays out, extreme wather events could be more
like a nucelar war, and come at the expense of all.

In the early 1970s - well over 30 years ago -
OECD (the Organisation for Economic Cooperation and
Development) recommended the use of pollution taxes.
Over 80 years ago, one of the last century's most
emminent econocmists, Pigou, called for the same thing.
To this day pollution taxes are named after him.

It took the medical profession from the 1960s to the
present era to get the public, and the governments
we elect, to act on the toxic, life-taking efforts of
tobacco. Eventually sanity prevailed, although it took
40 years."

It is clearly time for governments and economists to
commence their campaign for pollution taxes and getting
prices to tell the truth. With all their power and
influence in society and government, economists are
sitting on their collective hands. Not good enough.

New Zealand has set an example - let us only hope
that this is just the beginning.

Yes, New Zealand does it again... The same country that abandoned its air force a few years back, using the logic that Australia would use its much bigger defense force if needed. Well thats cool, so long as they dont expect us to foot the bill yet again.

The issue with Australia, is that coal represents about 12% of our economy. We would love to jump on the trendy bandwagon, and bash ourselves over the head about how we are all going to die in a ball of burning methane unless we pay 30 or 40 cents per kilowatt hour and have the price of Gold/Oil/Carbon on the news. The reality is, we will still do what we do regardless. The biggest carbon polluters are not going to be affected at all, it is silly to think the kind folks at Ergon energy would be remotely concerned what my electricity bill is, they will simply tack on any extra taxes to my bill.

Our wonderful beancounters in Canberra are frantically trying to cook up a system that has a bob each way, so we appear concerned but have no further responsibility for the coal we dig up and export. Kind of like how tobacco companies go on about people having free choice, and attempts to obfuscate unhelpful facts that can get in the way of a promotional campaign.

Dear Foxy...

you are ok on the pollution tax idea... you only err in my opinion by using NZ as an example of a solution.

They have implemented an emissions TRADING scheme..and the only thing that 'solves' is the financial obligations of high powered politicians for their next holiday house of E class Mercedes.

Yes....to an element of financial responsibility for us.... no to making fat cat politicians and their opportunistic hangers on incalculably wealthy through 'trading' carbon credits.

"Trading" just places all the evils of a stock exchange into the hands of already wealthy people who can now add "carbon trading" to their 'futures' speculation and market manipulation practices.

Think Enron... Goldman Sachs...etc.

I'm surprised you are so naive on this. (or..do you have shares in the CCX ? :)

AGIR that CCX code is not on the ASX. What exchange is it on ?
Knowing what a fan of the US Bob Carr is it is probably on a US exchange. Is it the New Zealand exchange ?