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2009-08-12

Frontier Economics' too good to be true, or has the government got its ETS wrong?

Comments on Michael Stutchbury “Give Malcolm his due for a clean idea”, 12/08/2009, http://blogs.theaustralian.news.com.au/currentaccount/index.php/theaustralian/comments/give_malcolm_his_due_for_a_clean_idea/

The Frontier Economics result is very interesting indeed. If that result is correct, clearly it is a better approach and must be considered by the government, if the government is serious in achieving good outcomes in an ETS.

What is better than a greater reduction in emissions and a lower cost in doing it? The government should delay the current legislation and organise a parliamentary investigation of the Frontier Economics modeling by all political parties, and any interested public.

The Climate Minister and the government are wrong in dismissing that result so lightly. It defies any reasonable logic and common sense. It shows they are not really interested in achieving good outcomes but only in political opportunism.

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