Looking at the "carbon tax" regimes in Europe and the rest of the world, no one charges a tax on the entire emissions of an emitter. Rather the emitter is given free permits to emit 95% of existing rates and have to pay taxes / trade permits for the other 5%.

This means that the industries pay far less tax, but retain the same incentive for emission reduction. The difference is that only a fraction of the costs are passed downstream, and consumers and manufacturing industries are far less disadvantaged.

This is why Australia will pay more carbon tax in 6 months than Europe has paid in 5 years, and far more than the rest of the world combined. The blunt instrument forced upon Gillard by the greens will do far more damage to the economy with very little difference in incentive.

good question shadow

why?
""Why is Australia going to pay more carbon tax
than the rest of the world combined?""

because maggie thatcher wanted to kill unions..
so came up with the concept of global cooling..CAUSED BY burning coal
[that makes c02]...but then maggie was refuted..cause the science said were in a warming CYCLE

but she got the unions

now others have got the unions too
IN fact took over the whole union movement globally

AND THEIR PARTY

so now the new tax on workers
to send the workers broke

its funny...a few decades ago..
you would have been on the opposite side
[selling the tory tax to bust the unions]

but heck now its the unions fukkking the unionists

it could be so funny..if it wasnt labratters party policy
to kill the working man..with this new big tax

sold by a moralising athiest non union pm

lol

im so over posting
to a world gone insane

c02 tax is a fraud
we are MANDATING a price DOUBLE the 'free market rate'

got the worst of both a new tax
and a new subsidy to capitalists

too many pretenders
pretending to be for the worker
to give tax and subsidy..to big money

its a joke
well done maggie

you got the union party..to commit suicide

In the beginning!
Some one had to be first.
It was not us, we follow.
I would have thought
You could do better than chant the mantra of those adds.
And that, the fact.
We are one of many not yet, but about to, pay for polluting the planet.

Because we're being lied to for the good of the witch err... I mean party!

http://www.youtube.com/watch?v=_yMHuQthzeg

Belly,

Being first in doing something stupid is not a great achievement.

No one else in Europe, California is stupid enough to tax 100% of emissions, so why are we? Or should I say why is Labor?

why do we pay more c02 tax?
to subsidise the market

we are going to underwrite..the market rate
those too clever by half will be bying the eu/nz carbon credits..[for $13..then charging us the CONsumer 23

not bad eh
i buy for 13
sell it to you for 23

heck what a clever idea

that and indexation..that ensures
that the tax WE MUST PAY..will increase EVERY year

anyhow was watching insight on sbs
bobby carr made a clever point...that
'there is a real difference betwen the parties"

he egzemplified c02 tax and tax on mining
and the kiddies fell..for his obvious spin

[see how those in govt want the tax
[have the numbers..FOR installing..the new tax
and the opposition dont have the numbers to stop it]

it was howard that first thunk the tax
[when he was in power..and now the quasie union party if in powwer..they finnish the public service adgenda..JUST LIKE ALLWAYS GETS DONE]..ie a token opposition..opposing for opposion sake

and the true adgenda of capitalists..goes on
regardless of who the mug punters vote 'for'

the two parties take good cop bad cop
to a whole new reality

no choice
both parties serve the same corperate adgenda

big money
endebit the workers

make them pay gst compusory super toobaco taxes

[the rich get it duty free]..when they do their booze and smokes run..[vacation]..

its time to tax family trusts..at the highest rate
and force them to pay death duties..cause govt is just about killing workers..and bailing out the rich..issuing property rights

[then compensating those
colluding to win
everytime]