But it’s frustrating that the government keeps watering down and delaying climate change policies in order to appease detractors. Last week is another example. Polluting industries, who were already told that 70% of their carbon pollution wouldn’t face the carbon price, will now have 80-90% of their carbon emissions exempted.
It’s reasonable to address competitiveness concerns in carbon pricing policies. But any concessions given to companies needs to be justified, based on evidence. The changes made last week don’t appear to be based on evidence. Or at least, we haven’t seen it.
Here are 5 reasons why the concessions to industry don’t make sense.