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2011-03-25

Uncertainties and opportunities

Comments on Michael Stutchbury “Sting in tail of climate analysis”, 25/03/2011, http://www.theaustralian.com.au/business/opinion/sting-in-tail-of-climate-analysis/story-e6frg9p6-1226027690257

While Gary Banks made some points on the uncertainties and impreciseness of the Productivity Study, it may actually help the government to design a clever package and to sell it partially based on the results of that study.

Because it will be uncertainty, then one justifies one's own design taking advantage of that uncertainty.

Were it completely certain, then the government's hands would be tied tightly and would have little room to manoeuvre to satisfy different constituents.

The uncertainties identified by Banks represent both challenges and opportunities to the government on the issue of carbon tax.

To conclude, it is not all bad but some positive from Gray Banks' points for the government.

Gillard should be happy about that.

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