Carbon tax

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A few changes in South Africa’s tax administration will have a huge impact on business. Shutterstock

Key tax changes that will affect business in South Africa

South Africa has sent a strong signal against tax evasion and is planning to introduce a carbon tax. There are also incentives for employers keen on taking inexperienced job seekers.
Climate diplomacy: in a another joint announcement from the US and China, president Xi Jinping committed to an emissions trading scheme in 2017. EPA/Michael Reynolds

Too big to fail: China pledges to set up landmark emissions trading scheme

Chinese President Xi Jinping has made a landmark commitment on climate change, pledging to launch what will become the world's largest and most important emissions trading scheme when it begins in 2017.
Environment Minister Greg Hunt, Prime Minister Tony Abbott and Foreign Minister Julie Bishop at the announcement of Australia’s 2030 climate target. AAP Image/Mick Tsikas

Australia’s post-2020 climate target not enough to stop 2C warming: experts

Australia will reduce greenhouse gas emissions by 26-28% below 2005 levels by 2030. Experts respond.
Climate costs can seem scary, but it’s all in how you look at them. Bills image from www.shutterstock.com

How to make sense of big, scary climate costs

Is ambitious action on climate change a recipe for a significant hit to the economy and our living standards?
It might be nice if buying the right to emit greenhouse pollution could be made a bit simpler. Oleandra/Shutterstock.com

Politics aside, a simple carbon tax makes more sense than a convoluted emissions trading scheme

The term 'carbon tax' is a political poison in Australia, thanks to the previous carbon tax which was actually an emissions trading scheme. Yet ironically, many economists prefer a tax over an ETS anyway.
That $550 from the carbon tax repeal might be in your bank account, or it might have been gobbled up by exchange rates. baranq/Shutterstock.com

Trying to measure the savings from the carbon tax is a mug’s game

The carbon tax repeal was supposed to save the average household A$550. And it might well have done, but teasing out the exact figure amid the myriad other economic factors is a herculean task.
Opposition leader Bill Shorten and Shadow Environment Minister Mark Butler say the ALP supports renewables but haven’t yet decided whether and how to price carbon. AAP Image/Alan Porritt

The latest turn in the twisty history of Labor’s climate policies

Labor says it hasn't yet decided what climate policy to take to the next election, although this week's leak has bolstered the idea that it will involve carbon pricing – a subject with a long and vexed history for the party.

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