Yes fup, and Australia needs to lead the way because our CO2 producing industries contribute the most in the developed world!
The article I pasted earlier about the unfairness of only a 50% compensation for LNG says it all. Other countries, countries which most likely produce more CO2 content than us have no carbon tax so have a competitive price advantage over us.
The big irony with CO2 is if we reduce it too much, we bring on another ice age!
Imagine that? A massive rush for INDIA to build coal-fired power stations (building them in Australia will make no difference) because we need MORE Co2 in the atmosphere - lol
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