“A carbon price is critical to addressing climate change,” Australian Greens Leader, Christine Milne.
This one simple sentence is enough to have the Clayton’s Environmentalists raising their glasses in agreeance and shouting “Here, Here”. Though will it really save the environment, and what other measures could the government have been taken?
First and foremost, making something more expensive will not stop people using it. All you have to do is have a look at the number of people who still drink and smoke, despite the regular price increases.
Putting a price on carbon will ultimately only benefit those who are trading in Carbon Credits.
It is widely acknowledged that Australia will not be able to keep up with the demand for carbon credits, which means that the short fall will have to come from overseas. How much pressure will this put on jobs, our economy, the ever-increasing cost of living, and national debt?
Any extra cost incurred by the producer, due to the purchase of carbon credits, or fluctuations in the carbon price will be automatically passed on to the consumer. The consumer, having grown accustomed to their big screen TV, X-Box, and various other household appliances and already stretched to breaking point on their household budget will simply go without in other areas that aren’t as important.
Who knows, this could even include buying cheaper homebrand products at the supermarket, a majority of which are imported, or even resorting to junk and fast food in an effort to feed their family.