Comments on Gary Johns “Thank heavens cap and trade is dead”, 10/12/2009, http://www.theaustralian.com.au/news/opinion/thank-heavens-cap-and-trade-is-dead/story-e6frg6zo-1225808817696
It is more than just a giant tax; Rudd government wants to use it as a redistribution resource. Just think about the free permits planned for big polluters and the more than 100% compensations for some people or families.
Why should some people pay more than fair share in reducing emissions?
Why should some people profit /benefit more than their share from other peoples' actions?
The Rudd government wishes to be big and wants to control people’s lives more than any reasonable standards by a government.
Besides, there would be huge bureaucracy, red tapes and unnecessary carbon markets and market participants. They would impose more costs to emissions reduction, as compared to a carbon tax and a system of equal distribution of that tax revenue.
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