I believe repealing the carbon tax is the dumbest thing ever done by an Australian government.

1/ It will make stuff all differences to prices.

2/ The government has just lost more revenue which it badly needs.

3/ It is supposed to be replaced by a scheme funded by the tax payer which will cost some $2.55 billion dollars and will achieve very little.

4/ The removal was not based on any rational reasoning it was only based on spin to stick to the labour party.

5/ A price on carbon prices will return probably within 3 years and it will have wider scope than the one they just got rid of.

6/ Changing the regulations will harm some states particularly Tasmania which stands to lose considerable revenue.

7/ It demonstrates a level of ignorance among our politicians on science issues that does not bode well for Australia future.

8/ So far the only poll I have seen on the subject says 66% are angry at its removal and only 19% are in favour.

warmair, The tax ripped some $9billion out of the economy and made negligible difference to the climate, which after all was the intended purpose in the first place.

Now back to the $9 billion.

That's $9 billion that business did not have to invest, which in turn costs jobs, because without investment, business can not properly forward plan.

As for the tax payer being perhaps subjected to paying a tax in the future, why shouldn't we, because after all, we are the ones who are using the energy.

"The tax ripped some $9billion out of the economy and made negligible difference to the climate, which after all was the intended purpose in the first place."

This is a common misconception and shows little understanding of the 'tax' and of 'climate science'.

The revenue raised was to assist in transitioning the economy to one less dependent on fossil fuels - this market-based mechanism was working.

Prime Minister Abbott has said the best way to do this is to impose a carbon tax - most economists agree.

Unfortunately, he is just a politician - not a leader in moving forward.

Not sure where warmair gets his stats. The Coalition was elected to repeal the Carbon Tax, full stop.

The science is not settled and it appears there has not been any global warming for 13 - 17 years.

Taxing the air does not change the climate but it does serve to redistribute the wealth.

Australia's contribution to atmospheric CO2 is miniscule. If we cut back a 100% it would not make one iota of difference.

Find another hobby horse instead of flogging this dead one.

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“The tax ripped some $9billion out of the economy and made negligible difference to the climate, which after all was the intended purpose in the first place.”

There is no logic to removing the carbon tax why would anyone rather pay the cost so other people can pollute. A good principle is let the user pay or in this case the polluter.

A tax on pollution makes a great more sense than a tax on salary or wages. It also has an ongoing benefit in that it encourages people to move to energy efficient devices. I have heard of a number of cases where updating to more efficient equipment has lead to a reduction in costs greater than the small increase in power prices due the carbon tax.

Regardless of any view on global warming it makes a lot more sense to use clean energy sources rather then coal which is generally bad news from a health point of view.

The government has two very simple choices increase taxes or cut spending. The government when it increases taxes will usually spend that money somewhere, so it is not ripped out of the economy. It is only when the government pays off debt that the money is possibly removed from the economy.

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“The company (Hydro Tasmania) recently announced 100 of its staff would lose their jobs, and partly blaming the repeal of the carbon tax.”
http://www.energybusinessnews.com.au/carbon-economy-news/carbon-tax-repeal-to-cost-tasmania-70-million/

To remove the carbon tax was the choice of the Australian voters. The removal was one of the 2 major promises of the coalition. They were elected, therefore the removal was supported by the voters in a democratic way.

Sometimes the voters get it right, and sometimes wrong. With the asylum seekers issue the voters got it horribly wrong in supporting the inhumanity of these measures, and they got it wonderfully right in rejecting the badly devised and costly carbon tax.