Australia’s tax on carbon dioxide now applies to big power stations, rubbish tips, steel works, cement plants, refineries and coal mines. But many of them have been given exemptions or compensation packages. Naturally, they will pass all net costs onto consumers, but our government says that most voters will be compensated and will feel no pain. So it all looks like achieving a net nothing.
Carbon dioxide is produced whenever animal or vegetable matter is burned, digested or rots. So when do we start taxing the big-time emitters such as termites? There are trillions of them quietly munching their way through timber, dead trees ... continue reading »