DO WE REALLY WANT TO HAND CONTROL OF OUR CARBON PRICE TO THE EU?
Professor Paul Frijters of the University of Queensland has some questions about the new policy switch by the federal government on the carbon dioxide tax.
"Linking Australia to the European Union carbon emissions trading scheme by 2015 will undoubtedly affect the revenue gained from carbon trading. The question is, how much?
One should expect up to 50% less revenue than originally thought in 2015 (some $3 billion a year) – but there are many variables that could blow even this figure completely off-course".