Bazz, we don't know how this will work, yet. My only guess is our gov't will be enabled by the EU to sell credits into the market and join our cap or part thereof to the EU's while our emitters will buy credits in their market.

I really don't see our emitters handing money over for EU credits without full compensation by the EU to us.

I don't buy the title of this thread. What is clear is the LNP has done everything in it's power to misrepresent carbon pricing, starting with calling it a tax and ending with never, ever acknowledging the attached compensatory aspects. All it has done is to throw muck.

"Direct Action" has yet to be spelled out, costed and budgeted, yet SM supports it. On what basis, may I ask again, rather than hearing a poo pooing of Labor's expenditures?

Interesting article in New Matilda
which hopefully will add something to this discussion.
And the comments section shows quite varied points of view
illustrating the wide political divide that exists in
our community on this issue. One of the points being
made is that "with the floating price comes a key carbon
policy - the emissions cap."

We're told that, "under the fixed price scheme - Australia's
carbon pollution wasn't capped. Emissions reductions were to
be achieved by a reasonably high carbon price, starting at $23
a tonne, that would then transition to a floating price and a
cao in 3 years. By removing the start of the floating carbon
price Kevin Rudd also moves forward the start of an
economy wide emissions cap."

It's worth a read:

http://newmatilda.com/2013/07/18/rudd-makes-right-move-carbon

Thanks to Tony Abbott, Christopher Pyne Joe Hokey and our own mirror of them all Shadow Minister.
Thinking Australians have every right to feel insulted.
Abbott [could have been any off the above] just twisted the truth and baited us all.
His subject was the proposed closer watch to be kept on cars and personal use by those who have company work cars.
I filled in such log books under the Prime Minister ship off J W Howard.
So why feel insulted?
By their words and action the opposition thinks we understand only the fear not the truth.
Under Abbott,s training front bencher,s are staying away from truth and throwing good politics away, as unneeded for us fools.
Not so.
We,the thinkers, let me assure you live on both sides.
And we have long ago seen Abbott for what he is.
This mornings poll the one showing Turnbull could turn Liberals from marginal, to landslide victory, can not be said to be Labor driven.
But it is evidence my view Abbott,s advisers have let him down badly.
Stuck in the Negativity grove he sheds votes and should find a way to make creditable comment, not insult every thinker.

Lexi,

LOL You do go for socialist sources.

Much better than that bourgeois MSM you claim.

What greatly diminishes Rudd's credibility on anything is that he refuses to call back Parliament to be accountable for the statements and commitments he is making. It is all fluff, but the costly millions being taken from TAXPAYERS' money are real.

Your Mr Rudd is apparently the fellow who leaked to Laurie Oakes during Gillard's 2010 election campaign, to sabotage Gillard's campaign. Along with the treacherous Greens, Rudd was disloyal to his own leader for years, never giving Gillard clear air to market her initiatives. For years every interview began with a question about Kevin Rudd.

Rudd is just winging it as usual, promoting himself and making promises to other countries that he may not be in a position to keep. A large rump of the Labor caucus hates his guts and would overturn him and his policies at the very first chance they get.

How long can they ignore Turnbull 73% to 19% Abbott has lost it.
When they start saying we won't change now, you had best look behind you.
The people have voted. What they need is Turnbull, and then get rid of all the Howard hangeroners, like Bishop Payne hockey and make a fresh start, before it's too late.

Hey, otb, why don't you start your own thread "I hate Gilla...er.. Short...er...Rudd" to inhabit and stop soiling others with your tiresome mantra of hate.

This thread is about carbon (dioxide) so please do rack off, dear chap, and also stop stalking Lexi rather than playing the ball.