ravi,
Your post is full of inaccurate ascertions!
Labor has fully committed to scrapping the Carbon Tax! Fact.....
What they want is to move to a market economy ETS which is what Europe has had for over a decade now.....
Abbott is old school and moving Australia backwards.
Even China will have a Carbon Tax by 2020.
"China to have carbon tax and ETS by 2020"
China will put a price on carbon by the end of the decade, according to experts surveyed by the Australian National University.
The ANU Crawford School partnered with the Beijing-based NGO China Carbon Forum to survey 86 people who are based in China and work in research, industry and carbon trading institutions.
The study found there was confidence among the experts that China would introduce carbon-pricing mechanisms, and would have in place a national emissions trading scheme (ETS) and a carbon tax by 2020. The people surveyed also predicted the price of emissions trading and a carbon tax would rise over time, starting at $12 a tonne in 2020.
http://www.canberratimes.com.au/act-news/china-to-have-carbon-tax-and-ets-by-2020-20131010-2vbpp.html#ixzz2jOfWxAtg
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