“If you want to put a price on carbon, why not just do it with a simple tax?”

— Tony Abbott

Originally stated in an interview with Sky News and Subsequently quoted in " http://www.smh.com.au/environment/climate-change/abbott-dogged-by-old-carbon-comment-20110606-1fprb.html#ixzz47O9mBz9O on smh.com.au, July 15, 2009
2009

Adopted from Wikiquote. Last update June 3, 2021. History

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Tony Abbott 71

Australian politician 1957

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“I do think that climate change is occurring, that it is man-caused. One of the proposals that I think is a very libertarian proposal, and I'm just open to this, is taxing carbon emission that may have the result of being self-regulating. … The market will take care of it. I mean, when you look at it from the standpoint of better results, and actually less money to achieve those results, that's what is being professed by a carbon tax. … Coal is a great free market example right now. You and I do not want carbon emission. We don't want it. right now. Natural gas costs less than coal. So there are no new coal plants that are going to be built, given the price of natural gas. And that's something that you and I desire. So it's happening. I'm afraid that coal, from a free market standpoint, has been done in.”

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“When I talk to people about how to design a carbon price, I think the model is British Columbia. You raise electricity prices by $100 a year, but then the government gives back a dividend that lowers internet prices by $100 year. In real terms, you’re raising the price of carbon goods but lowering the prices of non-carbon-intensive goods.”

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“One of the hackneyed liberal complaints goes something like this: 'Bush is the first president in history to cut taxes during a war.' Nonsense. Bush didn’t cut taxes; he cut tax rates across the board - on income, dividends and capital gains. And that’s precisely why tax revenues have soared. When a department store wants to make more money, it doesn’t raise its prices, it cuts them and announces a big sale. If you want more work and investment, you hold a sale on economic activity by cutting tax rates, thereby reducing the cost of productive activity and increasing the prospect of after-tax returns on work and investment.”

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“If you want to put a price on carbon, why not just do it with a simple tax?”

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