Carbon pricing doesn’t work

No surprises. It just doesn’t.

Some specific key findings from the study are:

Generally speaking, carbon taxes are easier to implement successfully than cap and trade plans.

Proponents of carbon pricing plans have often seen their proposals become unpopular, and paid a severe political price. For example, support for ambitious carbon pricing measures contributed to recent electoral defeats for congressional Democrats in the United States and the Liberal Party of Canada.

Opposition to carbon pricing plans often coalesces around the notion that these policies are a “revenue grab” by governments. This source of opposition can be softened somewhat, if policy proposals are clearly revenue neutral and include transparent revenue recycling mechanisms.

Even carbon pricing plans that are revenue neutral overall can cause significant harm to specific industries, groups and regions within a jurisdiction, leading to the development of fierce, concentrated political opposition that can result in policy reversal or block implementation altogether. If policy design ensures identifiable groups (such as low-income individuals) and regions that are likely to be harmed are compensated, the likelihood of fierce political opposition can be somewhat reduced.

So why do we have carbon pricing here?

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.