Carbon price and jobs

Comments on “Gillard says carbon tax will create jobs”, 25/02/2011, http://www.businessspectator.com.au/bs.nsf/Article/Gillard-says-carbon-tax-will-create-jobs-EDTEX?OpenDocument&src=hp6

It is true that a carbon tax will create some jobs in some sectors.

Equally, it is true that it will destroy more jobs than it will create, because the tax will be an additional constraint that reduces the optimality achievable compared to without such a tax.

Emissions reduction has its costs and that is the price we pay for the hope of limiting adverse climate changes.

Politicians like the Prime Minister are unlikely to tell the whole truth and be frank with the public.

They just want to tell the good side of the story and hide the not so good side of it. That is the art of spin by politicians.