"I think you guys have trouble understanding the concepts of Centrally Planned and market based.
Yes there are pitfalls with Market based systems
But please understand the ETS IS a market based system"
I think I understand what you are getting at Peteai we should have a hugh, nebulas tax on everything and then the market will decide what will and will not get fixed and who will dip their snouts into the tax trough.
Even if I agreed with your cunning plan (assuming this is what you meant) I still do not understand why it is so difficult for someone to list WHAT needs fixing in Australia, then we (the electorate) might get a say in where all the taxes are spent.
Eg $250m to clean up a nearby river instead of $250m to clean up a media moguls balance sheet.