=tothemax6;615937Of course, there are other truths, as follows:
Australia's primary source of energy is carbon (specifically, coal).
GDP is a function of energy burn rates - machines manufacturing, goods transporting, computers computing etc etc.
A carbon tax will therefore throttle Australia's energy output, in turn throttling its economic activity, in turn lowering everyone's quality of life.
Including your children's.
The net effect on CO2 output will be: zero. Why is this, you ask? Those machines, those goods, those computers do not have to stay in Australia. Countries sans-economic-sabotage will make up the energy consumption shortfall.
And a reminder, this thread is about 'softening' the tax by exploiting the market distortions it will cause, definitely not about somehow claiming it is a good thing.