Julia Gillard

Julia Gillard has done a backflip and agreed to introduce a budget-neutral carbon tax after last year promising not to introduce one. In a matching backflip John Humphreys has come out against the tax, describing it as a "grab for cash" after writing a report in 2007 that favoured a carbon tax: Our government is currently using an approach of regulation and subsidy while considering the possibility of implementing a carbon trading scheme. We would be better served if the government replaced all of these options with a revenue-neutral carbon tax. A carbon tax is preferable to a carbon trading…