ken henry talking sense, page-15

excelsior
Both political parties have the same goal in reducing
carbon emissions by 2020.
The labor party is working towards a ETS,however because of the political makeup of this parliment were only able to get as far as putting a price on carbon.This is only the first step,though a big step.The end game is working towards an international carbon trading scheme.
If you believe in climate change and if you believe something needs to be done about it then an international carbon trading scheme is the best way.The current liberal policy of giving grants to projects that may reduce carbon,not only has no definitive results,it relies on the taxpayer being levied while the Govt tries to pick what projects will have the best results.It also puts us in no better position to adjust to a trading scheme if/when it is introduced.
It maybe not so far away when no matter where you go in the world if your business or activity has a carbon footprint,you will pay a price for that carbon.
As you know when investing in different countries one must assess many factors.While tax issues are impotant,there are many others.The primary reason that has been given for increasing power charges in Australia has been the lack of investment in new power generation capacity.The generators claim this is because there has been no direction by Govt.Govt has now given a clear direction to industry.

Good luck with your overseas investments,though I disagree and believe the movement towards an ETS by the labor Govt is brave and to the benefit of future generations.The problem for you is when Abbott scraps the CPS he introduces a levy that tax payers will pay.Is it not better for the poluters to pay?