… ABOUT CARBON PRICING: NO. 27

“Ultimately it is by harnessing the natural economic forces which drive society that the pollution tax offers us an opportunity to exert greater control over our environment.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 26

“We have proposed the wide use of pollution taxes as a means of both raising revenue for environmental agencies and compelling polluters to decrease their emissions.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 25

“In this paper we have argued that the current regulatory regime for controlling industrial pollution is grievously flawed and should be replaced by a market based waste management system. The key component of this new regime should be the introduction of a pollution tax.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 24

“In short, the pollution tax has been found to work overseas, although only when charges have been set at high rates.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 23

“A general consensus emerges from the political arena that a pollution tax is both desirable and, in some form, is inevitable.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 22

“The regulatory system is fundamentally flawed. In its conception, the combination of licensing and prohibition, does not act as a significant deterrent to potential polluters … It is then appropriate, to consider the alternative of a pollution tax as a means of overcoming the problems encountered in regulation.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 21

“The tax will have the effect on the consumer of diverting their purchases to commodities with less serious environmental effects. This is because goods which do not generate industrial waste in their production will become relatively cheaper and therefore more attractive.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990

… ABOUT CARBON PRICING: NO. 20

“In terms of its constituency the Liberals seem to have the view that there is far greater political mileage to be gained in reducing pollution than will be lost by complaints from business!”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 19

“In the end if companies, which are there to serve the community, cannot exist within the constraints of the environment we would argue they do not deserve to exist at all.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 18

“The question of the implementation of pollution taxes essentially involves political barriers.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 17

“One option is to use revenue raised by the pollution tax to fund tax cuts for low income earners.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 16

“Equally funds could be directed towards other programs for assisting industry and employees make the transition to a pollution tax regime.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 15

“In addition, funds could be made available for programs such as the present ‘Clean Technology Incentive Scheme’ run by the EPA which: ‘provides interest free loans to assist companies in financing the cost of technology to reduce the volume of industrial waste generated’.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 14

“In looking at the legal structure of a pollution tax, the revenue generating side of the system can play a vital role in environmental protection. The revenue would be best spent by an environmental protection agency … to provide coordinated and consistent environmental programs.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 13

“It acts as a constant reminder to firms that they must reduce pollution. If companies have to fill in monthly reports on their pollution levels and the expense of pollution appears in quarterly balance sheets there will be a much greater awareness of the need to reduce pollution.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 12

“The basic principle is that companies will submit a monthly report of their pollution emissions and the cost of pollution reduction measures already undertaken. They will then receive a monthly tax bill for those emissions.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 11

“Once the maximum acceptable level of pollution is known the tax rate must be set so as to decrease waste outputs to the desired volume.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 10

“An attraction of a pollution tax regime is that it produces a strong incentive for firms to engage in research and development. Some companies will find that the cost of research and development into pollution reducing production processes is a less costly option than continuing to pay the tax.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

… ABOUT CARBON PRICING: NO. 9

“Importantly, therefore, a tax means that there is always an incentive to reduce pollution no matter how low the level of emissions.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.

 

… ABOUT CARBON PRICING: NO. 8

“We would advocate a system of emission charges by which the desirable pollution level is identified by the political process. The tax is then set so as to minimize waste to that level.”

A Tax to Make the Polluter Pay: The Application of Pollution Taxes within the Australian Legal System – Research paper by Greg Hunt and Rufus Black, 1990.