The Australian Senate on Thursday voted to repeal the country’s carbon tax of $25 per ton, keeping a promise by new prime minister Tony Abbott to get rid of it. Australia becomes the first Western nation to repeal a tax on carbon dioxide emissions.
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“The decision by Australia to repeal its carbon tax is further evidence that the global warming movement is now in global retreat. Australian voters realized the tax, which cost the average household more than $500 a year, had zero impact on the climate while it destroyed jobs and punished the poor and people on fixed incomes. Elected officials took longer to realize their mistake, but the right decision was finally made.
“The odds of a new international treaty with binding provisions being adopted at the next United Nations meeting in Paris in 2015, already poor, have dropped even further. People all over the world are seeing through the hype and exaggeration of politicians and environmental activists. They understand that there simply is no climate crisis, and they no longer are willing to passively accept the taxes, regulations, and subsidies passed at the height of global warming alarmism.
“Politicians who campaign on the promise of repealing such useless and destructive taxes and laws can expect to be rewarded at the polls. President Obama has given Republicans here in the U.S. a golden opportunity to make major advances this November. Australia has shown the way. Are they paying attention?”
The Heartland Institute
“Australia is the latest nation to realize expensive restrictions on carbon dioxide emissions punish living standards while accomplishing no real-world environmental benefit. Canada, Japan, Germany, Spain, the UK, and other nations have also been rolling back efforts to stifle conventional energy usage in the scientifically unsupportable war against carbon dioxide emissions.
“Money wasted imposing expensive energy restrictions could be better spent on education, housing, health care, nutrition, real environmental challenges, or simply allowing people to keep more of their earnings. Australia has seen the light and I expect more nations will soon follow suit.”
James M. Taylor
Senior Fellow for Environmental Policy
The Heartland Institute
The Heartland Institute is a 30-year-old national nonprofit organization headquartered in Chicago, Illinois. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our Web site or call 312/377-4000.