This website uses cookies to ensure you have the best experience. Learn more

Is Carbon Pricing The Way Of The Fututre?

896 words - 4 pages

Diogenes was a Greek philosopher who was famous for wandering around Corinth with nothing except a lamp.

When asked about the lamp he would say, "I am looking for an honest man". His pupils founded the philosophical school of Stoicism which existed for many centuries.

I am still looking for an honest person. Their gender is irrelevant.

I haven't found many of these rare animals amongst the media, the economists and the politicians. I have stuck to the work that feeds and clothes me and haven't had to resort to living in a barrel like Diogenes did.

Recently, I was roundly criticised on ABC's The Drum for attacking the Government's tax approach to climate change. My invariable ...view middle of the document...

The industry hasn't produced much at all up until now. That may not be a problem, but there are many other industries which aren't receiving government handouts. Our Productivity Commission has ruthlessly eliminated assistance to industries for over 40 years. I know because I worked there in 1975 and was the project director on iron and steel, the introduction of color TV and a range of other manufacturing industries. I then worked for importers, mostly the car importers, for the next 20 years.

For the past 15 years I have worked, off and on, for the ATO as an independent expert on multinational taxes and worked for the multinationals during the same period. This is another area I know a lot about.

So my definition of "clueless" might be a bit different to the definition of other people.

I have read the 600 or so responses to my climate change articles and stand by my view that an emissions trading scheme is a great way for some people to make money out of a new type of derivative. Historically every auction the government has initiated (e.g. for cars, textiles, clothing and footwear import quotas and for pay TV licensing) has ended up in a multi-million dollar rort by smarties who transferred money from the community to themselves with help from the government.

The Government has, of course, also walked away from 40-odd years of consensus on industry policy and not picking winners. Industries involved in climate change legislation and product development are big winners.

I would like to be told why...

Other Essays Like Is Carbon Pricing the Way of the Fututre?

Technology Is Changing the Way We Work

540 words - 3 pages Why should we look at the theory of technology change in our culture? I think the answer to this question can begin with a brief look at how technology has changed the way some people work. In our culture, work is a powerful force. For many people is defines to them (and to others) who they are. For others, it is a necesarry evil that takes up a huge chunk of their life. In many cases, work culture has been challenged and changed by new

Breastfeeding Is the Best Way to Feed

2771 words - 12 pages Breastfeeding is the Best Way to Feed Raquel McWhite South University Online Breastfeeding is the Best Way to Feed Here comes the nurse with the new mother’s baby, she gently places her bundle of joy in her arms. As the mother gives her new pride and joy a sweet kiss on the forehead, all the baby can think is FEED ME LADY! What is a woman to do? Does she pull her breast out and prepare to feed her child, or does she simply tell the

Rewards 2025- the Only Way Is Ethics

576 words - 3 pages Wendell D. Dinglasa PA 221B-Human Behavior in Organization Prof. Vivian Rojas Molina This reaction paper is in regard to Chapter 5 Rewards 2025- the only way is Ethics. As you may know today employees strive hard to get rewards, bonuses, remunerations, salaries. This is some sort of a motivation to employees to work harder and trying to surpass their previous accomplishments in order to get these rewards, other than the promotion they

The Impact of Transfer Pricing on Corporate Disclosues

3494 words - 14 pages rejection of claimed R&D expenses and investment credits for R&D whose research results were not yet used in Taiwan, there was still no way to effectively get at the crux of the problem. Audit effectiveness was low and positive results were hard to come by. Following the establishment of the transfer pricing audit standards, in the case of public companies with their larger scale of operations and easily obtained financial statements

The Impact Of Changes In Supply, Demand, And Pricing

813 words - 4 pages methods. The alarming increase in gas prices at the pump is a challenge that is prevalent in most households today.There is a definite need or demand for gas; consumers tend to rely heavily on personal and public transportation which create a need for gasoline. This need generate a demand for that particular product. People want a lot of things; they demand less than they want, because they are not always able to afford what they want, demand means

Fuch's The American Way of Families: Is the Dream Really as Sweet as Apple Pie?

1237 words - 5 pages Fuch's "The American Way of Families": Is the Dream Really as Sweet as Apple Pie?      There were a few aspects of Lawrence H. Fuchs's essay The American Way of Families that I found extraordinarily interesting. He discusses influences of the modern American family that I found quite bizarre. Fuch also labels the key component to the American family as being none other than the gratification and pursuit of

"Help Is On The Way" - An Article Review And Summary

971 words - 4 pages lessons and only have access to a live tutor when they experience difficulty. Each lesson involves basic instruction followed by skill and a short test to determine whether or not the student has mastered the concept presented. The way that Apangea is presented is one of the main advantages to this program. The lessons do not put too much information on the screen at one time and also allows the student to reverse to previous screens to review

Militray Conquest Is the Best Way to Obtain Power

924 words - 4 pages Military conquests are a good way to gain land but not sustain power over that land. Mongols for example had much power and influence but as soon as the power exchanged hands their values were lost. Whereas the empire where religion is the core has integrated their ideals and values from then all the way to present day society. When the Roman Empire was being rebuilt in the beginning of the middle Ages, the new roman government knew that

Arbitrage - the Key to Pricing Options

3333 words - 14 pages that ABC’s stock is above $50, you will receive that amount. Determining the payoff structure for an option doesn’t seem that difficult. How might one go about determining the value or price of this option? A standard way to think about pricing any financial asset is to first specify the payoffs that the asset is expected to generate in the future; then to appropriately discount these payoffs; and finally add up all of the discounted

Compare the Efficient Markets Hypothesis with Other Theories of Pricing in Financial Markets

2317 words - 10 pages EFFICIENT MARKETS HYPOTHESIS AND OTHER THEORIES OF PRICING IN FINANCIAL MARKETS Name Course Title/Code Instructor’s Name Date Efficient Markets Hypothesis and other theories of pricing in financial markets Efficient market hypothesis (EMH) is a theory that emerged in the 1960s. It states that it is difficult to predict the market since the price has been set and reflect the current market conditions. It is a disputed and controversial theory

Found! the Spiritual Way!

1086 words - 5 pages Thomas Jack Rudolph Professor Dr. Jim Schrantz ENGL 1302-59010 June 11, 2012 Found! The Spiritual Way! Interpretation and analysis of author Leslie Marmon Silko’s short story, “The Man To Send Rain Clouds”, could have been difficult. But a great grandmother within our family being of full blooded Cherokee decent, educated and passed on to us many ancient Native North American Indian stories of proud rituals and spiritual traditions. These acts

Related Papers

The Carbon Essay

728 words - 3 pages look elsewhere. They had no ambition to help others and showed no compassion, or sympathy. \ The Great Carbon Essence decided there had been a mistake. The gift of life could not be left in the hands of tainted elements. Life is delicate and needs special treatment. The Great Carbon Essence ordered the world destroyed. The beings that were created were not anything that had a right to live. The Great Carbon Essence demanded to create a new

Level Of Carbon Monoxide In The Air

839 words - 4 pages The United States Congress makes a finding that the level of carbon monoxide in the air is hazardous to human health. Congress creates the Air Quality Agency (AQA) to monitor and control air quality in the United States. Congress funds the agency. Scientific findings, measurement details, and control mechanisms are not included in the legislation. The AQA, under congressional authority, begins to set standards for air quality and to

The Way Of Wii Essay

2502 words - 11 pages will through analyzing its design, process selection and marketing strategy to search a way to success in market competition. Though the Blue Ocean Strategy helped Nintendo captured a large pie of market share, it does has shortage. The strategy could be effective in a time, but could never be effective forever. Anyway, it was acknowledged that Wii has changed game rule of TV game console market. It is a breakthrough and a milestone, though there

The Way Of Books Essay

932 words - 4 pages The Way of Books Tyrone Jones SOC/105 August 29, 2011 Sherry Caperton The Way of Books Liteture is one of the componets that make up popular culture in our society. Reading helps inflluencen peoples aspect on things like religion, business, family, and much more. A good example of a popular fiction novel that influences young people today and even adults in some aspects is “Midnight, A Gangters Love Story,” written by Sister Souljah