The public have experienced one and found it a big yawn. contrary to what a lot of very serious people believe it was not a major issue in the last election.
Moreover if it is linked to the ETS in Europe it is going to start at a low level so the initial price could well be less than half the $27 it was when a fixed price.
Now Tony Abbott could well be going to the next election promising to
Here is the rub. Which measure will raise electricity prices more? Yes you guessed it in a highly ironically move Tony Abbott would do more to cut emissions by raising electricity prices however you lose a lot of the benefits of what the ETS would do.