Copy and paste from the farmer from the farm..Back of the Axe is the way to go Peter Ormonde Peter Ormonde is a Friend of The Conversation. Farmer In reply to Marc Hendrickx Wouldnt have a clue... like I said Im actually not a big fan of the ETS approach ... too nebulous, difficult to measure, too hard to measure results. Im a recovering economist. And when it comes to taxes I like em blunt and simple. Id much prefer a nice hard back-of-the-axe tax designed to absolutely cripple high emission industries. Lots of ways that sort of effect can be measured - by howls of outrage from vested interests, by declining cement production, by collapsing share prices, by employees on retraining programs, by redundant executives... simple , blunt and fast. No messing about. Thats economic rationalism for you - beats this ETS economic irrationalism hands down I reckon. Too sooky by half. Lets give carbon the Thatcher treatment.
Posted on: Tue, 22 Oct 2013 10:09:12 +0000
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