I dont know what the answer is,
but unless curbing population growth is honestly put into
the discussion, its all moot, emissions will just skyrocket
with population growth.
Until the pollies address this, they aren't doing their jobs.
Also, heard the PM talking on the news tonight re
how the TAX will be short term and will eventually
morph into a trading scheme.
Now i dont know what others think,
but wasn't it traders that have got us into our current "financial" mess.
Heaven help us if they are allowed to trade something so
diaphanous as "carbon".
Imagine the shortselling possibilities

Sell what you don't have to people who don't know what they are buying, and skim a bit off the side as "fees"???
Sounds a bit like the US property loans scandal,
but simpler.
Andrew