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Carbon Trading Scheme can be cost-effective

30 Jul 2008

The political nonsense about the timing of a carbon trading scheme and the economic impacts on businesses is a complete furphy. No doubt added costs will increase costs to consumers - but added costs on businesses will be minimal as long as there is parity in the marketplace.

As a country, we really need to get our act together and understand what we are importing. Food is allowed in even though it may be grown and packaged in conditions which would see Australian producers hauled before the courts - yet it's on supermarket shelves every day. The same is probably true of many other commodities.

There's no need to get hot and bothered about how much a carbon trading scheme will cost the Australian economy whether we implement a system in 2010 or 2012 even if we are ahead of our trading partners.  Whack on import duties on any goods from countries which don't match or better the program we have in place here.  How simple is that!

It's certainly not 'pie in the sky' - in Europe, the French government, says the European Unon should impose special import duties on products made in third countries with lax climate change regimes.  Go for it!

Tags: carbon trading


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