There is no economic consensus
December 9th, 2009
I wrote recently that even though proponents may claim that there is a grand and holy scientific consensus surrounding AGW, no such economic consensus exists on carbon tax and trade. I also wrote in response to Turnbull’s socialist outburst the following comment on Turnbull’s blog:
You may claim that there is a scientific consensus supporting AGW, but there is no economic consensus that a carbon tax is the most effective way to mitigate the issue.
Now Tony Abbott has picked up on the same issue. In between being badgered by Tony Jones on Lateline, Abbott said the following (about the 17 min mark):
…whatever the scientific consensus might be about warming there is now no economic consensus whatsoever about the merits of Mr. Rudd’s emissions trading scheme.
It is a point that needs repeating. Abbott does not want to get bogged down in a scientific debate about Rudd’s carbon tax and trade policy. He can’t win that debate because he is a politician, he can though win a debate about politics, the law and economics and general Rudd style scaremongering, which flies in the face of common sense.
See also:
- Mainstream media becomes desperate for Gillard success (July 18th, 2010)
- Rudd’s deficit worse than Greece’s (June 8th, 2010)
- IMF: more debt = less growth. Eco Hist 101 (May 21st, 2010)
- ASX 200 down: thanks Rudd! (May 7th, 2010)
- NYT miss-represents bank regulation (April 29th, 2010)





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