Tuesday, 21 July 2015

What did the price on Carbon do in Australia

Hugh Saddler examines putting a price on carbon affected carbon emissions in Australia.
He finds that emissions fell when we had a price on carbon and started to rise when the price was removed.
 Who'd thunked it!
What is particularly interesting is the different reactions between the wholesale and retail markets.
What should not be forgotten is the rise in prices to pay for a gold paved poles and wires.

Very interesting article.