Top experts: Carbon Tax needed NOT Cap-and-Trade Emission Trading Scheme (ETS)
A number of eminent scientists, economists and writers variously argue strongly FOR a global Carbon Tax that will directly put a price on greenhouse gas (GHG) pollution and enable urgently required rapid transformation to a non-carbon economy.
They variously argue AGAINST carbon pricing based on a Kyoto Protocol-based Cap-and Trade Emissions Trading Scheme (ETS) of which the pro-coal Australian Government’s carbon pollution-increasing and misleadingly named Carbon Pollution Reduction Scheme (CPRS) is a spectacularly flawed, irresponsible, anti-social, anti-humanity, anti-environment, anti-Planet and disastrous example.
Thus the pro-coal Australian ETS involves a rigged auction involving only major polluters and then extraordinarily hands most of the receipts back to the major polluters. The proposed Australian ETS is estimated to mean an increase in Australian domestic and exported greenhouse gas (GHG) pollution by 80% on 2000 levels by 2050 (see my letter in the leading Australian newspaper The Age, 14 June, 2009).
Well, we hear plenty from ignorant and dishonest politicians about their pet Cap-and-Trade Emission Trading Scheme (ETS). Indeed such a scheme is a key part of the Obama Administration Waxman-Markey energy, climate and cap-and-trade Bill that has just passed the US House of Representatives and now faces the US Senate.
But what do top climate scientists and climate economists say? Below are some key comments made by experts who press for a direct, global Carbon Tax rather than failed, worse than ineffective, dishonest, risky and market manipulatable Carbon Trading (for detailed, extensive and updated documentation of such views see the website of the Melbourne-based Yarra Valley Climate Action Group).



